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M&G-Backed GFO-X Charges Into UK Crypto Derivatives—Because What’s Finance Without Leveraged Bets?
M&G-Backed GFO-X Charges Into UK Crypto Derivatives—Because What’s Finance Without Leveraged Bets?
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London’s institutional crypto scene just got heavier. GFO-X—the derivatives platform backed by asset management giant M&G—has flipped the switch on UK operations, diving headfirst into the regulated crypto derivatives frenzy.
Why now? Because nothing screams ’mature market’ like hedge funds trading Bitcoin futures with 20x leverage. The platform promises ’institutional-grade’ infrastructure—translation: fewer crashes than your average DeFi rug pull.
This isn’t just another crypto play. It’s a calculated move to capture the growing overlap between traditional finance and digital assets—where risk management means having lawyers draft your terms of service.
As one City trader quipped: ’Finally, a way to lose pensions faster than UK gilts.’
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