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Britain’s M&G invests in crypto derivatives platform GFO-X

Published by
Reuters UK

LONDON (Reuters) – Global Futures and Options (GFO-X), a digital assets trading platform, said on Monday that Britain’s M&G Investments has led a $30 million second round of funding ahead of its launch. GFO-X is licensed by the UK’s Financial Conduct Authority for global institutional investors to trade digital asset futures and options that will be cleared at the London Stock Exchange Group’s Paris clearing arm LCH SA. M&G Investments, which provided most of the latest $30 million funding, is part of M&G Plc, and will have a seat on the board of GFO-X Holdings. “The strategic investment will …

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