GCEX Acquires GlobalBlock to Expand Digital Assets and Wealth Management Offering

Leading regulated digital prime broker GCEX (GCEX Group) has announced the acquisition of GlobalBlock Europe UAB, a specialist crypto brokerage and asset management firm focused on high-net-worth individuals. GlobalBlock brings over $60 million in client assets to the partnership, marking GCEX’s expansion beyond its established OTC, conversion, and technology offerings into a broader digital asset proposition for wealth and asset managers.

The transaction combines GCEX’s strength in multi-asset trading, deep Tier 1 liquidity provision, and regulated operations with GlobalBlock’s expertise in fintech-driven wealth management answers. Together, the firms expect to create synergies across client onboarding, technology integration, and scaling into new global markets, and traditional finance.

GCEX’s Founder & CEO Lars Holst framed the deal as transformative.

“Acquiring GlobalBlock is a strategic leap forward for GCEX, expanding our footprint, our client base, our team, and our capabilities. GlobalBlock’s founders have built a standout, profitable firm, with world-class products, providing innovative diversification strategies for clients. Our firms have complementary technology and shared values in terms of innovation, service and integrity.”

Leveraging Regulatory Reach and Technology

GCEX highlighted that the acquisition leverages its extensive regulatory footprint, including licenses from the UK Financial Conduct Authority, the Danish FSA under EU rules, and Dubai’s Virtual Assets Regulatory Authority (VARA). Operating within these frameworks, the combined company will accelerate client onboarding by blending GCEX’s liquidity and regulatory infrastructure with GlobalBlock’s proprietary AI-driven fund management technology.

The partnership is designed to reach globally. Clients of both firms will benefit from broader product suites, market-leading pricing, and advanced trading platforms that maintain the highest levels of security. By integrating GlobalBlock’s fintech innovations with GCEX’s institutional-grade answers, the combined business aims to address growing demand for regulated, secure, and efficient digital asset management services worldwide.

Holst emphasized the strategic intent:

“By joining forces with GlobalBlock we are strengthening our position to compete in the top tier of Digital and TradFi. Our combined clients will gain leading pricing, and cutting-edge trading platforms, with the highest levels of data security.”

Commitment to Clients and Market Growth

David Thomas, Co-Founder of GlobalBlock, described the acquisition as a natural alignment with GCEX’s global platform.

“We are excited to join forces with GCEX. Their strong regulatory licenses and global reach perfectly complement our business model. This partnership allows us to answers while continuing to operate under the GlobalBlock brand that our clients trust.”

GCEX’s Chairman, Jesper Ronald Petersen, underscored the constructive nature of the deal-making process.

“It is with great pleasure to be able to announce the friendly acquisition of GlobalBlock. Acknowledging each company’s core strengths and values and the market trends, both sides went into this transaction with a positive mindset, viewing the obvious benefits for the combined business. Add to this the constructive process from our main investor, True Global Ventures, and the DLA Piper deal team, we set off and completed quick and strong. This bodes well for a seamless integration by our highly skilled employees with benefits to both shareholders and, most significantly, our clients.”

With GCEX’s XplorDigital suite—including “Crypto in a Box” and “Broker in a Box” turnkey answers—and GlobalBlock’s services such as GB10, a diversified crypto index portfolio, and proprietary digital portfolio management technology, the combined firm is positioned to deliver a comprehensive digital asset and wealth management ecosystem tailored to institutional and high-net-worth clients.

Investor Takeaway