İstanbul escort bayan sivas escort samsun escort bayan sakarya escort Muğla escort Mersin escort Escort malatya Escort konya Kocaeli Escort Kayseri Escort izmir escort bayan hatay bayan escort antep Escort bayan eskişehir escort bayan erzurum escort bayan elazığ escort diyarbakır escort escort bayan Çanakkale Bursa Escort bayan Balıkesir escort aydın Escort Antalya Escort ankara bayan escort Adana Escort bayan

24.4 C
New York

Britain Pension Fund M &G Sponsors Cryptocurrency Derivatives Platform GFO – X

Published:

GFO – X (Global Futures and Options) which is a digital assets trading exchange announced today that a Britain pension fund, M&G Investment has led in an investment of a $30 million funding prior to its launch.

The Global Futures and Options (GFO-X) has the United Kingdom’s Financial Conduct Authority license for international institutional investors.

As a result, it can trade digital assets futures as well as options which will be cleared at the LSE (London Stock Exchange) Group’s Paris clearing branch LCH SA.

READ ALSO:Binance.US Lawyer Makes Daring Request To Stop SEC Fraud Investigation

Quick Takes

  • The M&G Investments provided majority of the current $30 million funding round is a branch of the M&G Plc, and as a result, will occupy a position within the GFO-X Holdings board.
  • According to the statement of GFO-X, this latest tactical investment will fund the platform through is upcoming launch.
  • Moreover, the funding round will support the future innovation within the regulated digital assets space, while it also improves trust and credibility within the market.
  • In a statement, Jeremy Punnett, M&G portfolio manager said that lack of a regulated trading sites is materially limiting the development of the cryptocurrency derivatives trading market.

What’s Happening In Crypto Today?

As at the time of this writing, Bitcoin is trading at $42,357.27, with a drop in market cap by 3.19%, and an increase in trading volume by 85.97%.

On the other hand, Ethereum is at this moment changing hands at $2,246.07, while it sees a decline in market cap of 3.97% and an increase in trading volume by 57.67%.

  • Meanwhile, USDC is at the moment trading at $1.00, while it records a drop in market volume of 0.45% and an increase in trading volume of 54.47%.
  • Cardano on its side is presently trading at $0.5541, while it records a decline in market cap of 6.83% and a decline also in trading volume of 26.25%.
  • Dogecoin on the other hand is at this moment selling at $0.09858, with a drop in market cap by 0.04% and an increase in trading volume by90.90%.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Related articles

Recent articles

spot_img