GCEX Group Acquires GlobalBlock to Expand Digital Assets Services for Wealth Managers

GCEX Group, a regulated digital prime broker, has acquired GlobalBlock Europe UAB in a strategic move to bolster its offerings for high-net-worth individuals and asset managers. The deal combines GCEX's liquidity infrastructure with GlobalBlock's AI-driven fund management technology, creating a formidable player in the crypto brokerage space.

The acquisition leverages GCEX's regulatory footprint across the UK, EU, and Dubai, while GlobalBlock brings $60 million in client assets and expertise in wealth management. This union is expected to accelerate client onboarding and expand product offerings globally.

"This acquisition marks a strategic leap forward," said Lars Holst, GCEX Founder & CEO. The combined entity aims to capitalize on growing institutional demand for crypto services, particularly among wealth managers seeking regulated access to digital assets.