fo-x

ChainCatcher news, according to Decrypt, the cryptocurrency derivatives trading platform GFO-X, authorized by the UK's Financial Conduct Authority (FCA), has officially launched in the UK, offering centrally cleared Bitcoin futures and options trading services. The platform aims to meet the demand of 90% of institutional investors who are currently unable to participate in the digital asset space due to regulatory or market structure issues.GFO-X CEO Arnab Sen revealed that dozens of top-tier institutions and banks, including Nomura Securities, are in the onboarding process, and the platform has completed its first institutional trade between Virtu Financial and IMC.

ChainCatcher news, the FO-X ecological token $FO has officially launched, with a 750% increase in the first 15 minutes, and a liquidity pool exceeding 63.9 million USD, with over 4000 holding addresses.In addition, a million-dollar referral program has been launched simultaneously.FO-X is an ecological hub connecting the Web3 panorama, covering diverse fields such as consumption, entertainment, finance, education, and payment, aiming to bring more practical scenarios for memes and promote seamless integration of 1 billion users into Web3.

ChainCatcher news, the TGE of the FO token in the FO-X ecosystem is about to begin. Over the past three days, offline gatherings held in multiple cities across the country and overseas attracted more than 2,200 members to participate enthusiastically, showcasing the community cohesion and global influence of the FO-X ecosystem.Event Overview:April 13: 9 cities, 625 participantsApril 14: 9 cities, 680 participantsApril 15: 7 cities, 935 participantsIt is reported that FO-X is not a single product, but an ecological hub connecting the panorama of Web3, covering diverse fields such as consumption, entertainment, finance, education, and payment, dedicated to leading 1 billion users into the new era of Web3. FO-X leverages cutting-edge technology to allow users to capture infinite opportunities in creation, finance, payment, education, and more, while providing newcomers with a familiar experience akin to Web2—shopping, entertainment, investment, and leisure, all while enjoying the rich benefits of the FO-X ecosystem.

ChainCatcher news, according to Bloomberg, large financial companies such as Standard Chartered Bank and Virtu Financial Inc. are preparing to join a new cryptocurrency derivatives trading platform in London.The trading platform Global Futures and Options Ltd. (referred to as GFO-X) announced on Monday that it has signed agreements with ABN Amro Clearing and market maker IMC, and it expects to launch in the first quarter of next year. GFO-X is supported by M&G Investments (the asset management division of pension giant M&G Plc).GFO-X will handle trading of Bitcoin index futures and options, initially planned to go live by the end of 2023, but it failed to launch on schedule due to two delays. The trading on GFO-X will be cleared by LCH SA, which is owned by the London Stock Exchange Group.

ChainCatcher news, UK digital asset exchange GFO-X has completed a $30 million Series B funding round, led by M&G Investments, which will join the board of Global Futures and Options (GFO) Holdings. This round of financing will fund GFO-X's upcoming products.