GlobalBlock, Part of GCEX Group, Launches Digital Assets Offering for UK Clients

GlobalBlock, part of GCEX Group, today launches its digital assets offering for UK clients, providing a clear, professional route to access crypto services with robust controls and institutional-grade support. GlobalBlock’s UK cryptoasset financial promotions have been approved for communication by Archax Limited (FRN 855171), an FCA-authorised firm, under the FCA’s cryptoasset financial promotions regime. 

The approval complements GCEX Group’s existing licences and registrations across a number of jurisdictions, covering both traditional financial services and digital assets. This new offering complements the Group’s existing FCA authorisation for FX and CFDs, its MiCA licence for crypto-asset services across the EU, and its Virtual Asset Service Provider licence in Dubai. GlobalBlock and GCEX Group are not authorised or regulated by the FCA for the provision of cryptoasset services, as cryptoassets are not regulated in the UK. 

Available via globalblock.co.uk, the offering combines OTC execution, portfolio solutions for eligible clients, and cryptoasset settlement and invoicing tools for businesses. It is supported by GCEX Group’s institutional-grade infrastructure, liquidity and global counterparty relationships, with governance and controls designed to meet the requirements applicable to the relevant entity and jurisdiction. 

The announcement marks a significant step in the integration of GlobalBlock into the GCEX Group ecosystem following the acquisition completed in September 2025 and underlines the Group’s strategy to serve a growing global client base of high-net-worth individuals, family offices, asset managers and corporates seeking professional access to digital assets supported by a UK financial promotions approval arrangement and infrastructure operated by entities that are authorised or licenced in other relevant jurisdictions. 

David Thomas, Co-Founder of GlobalBlock, commented: “This launch is the culmination of everything we have been building, a genuinely complete digital assets offering for clients who want to trade, invest, and transact in crypto with confidence. Backed by GCEX Group’s depth of relationships, liquidity and infrastructure, GlobalBlock can now deliver that proposition at scale, within a framework designed to meet UK financial promotions requirements and supported by GCEX Group’s regulated entities and controls in relevant jurisdictions.” 

Ben Brown, Chief Compliance Officer at Archax, added: “It is a pleasure to welcome the GlobalBlock arm of GCEX to the list of clients on our FCA Section 21 Approval Service.  Through this service, our mission is to be the partner for leading names in crypto to enable them to navigate the complex FCA financial promotions regime effectively. We are pleased to support GlobalBlock in engaging with UK audiences in a fully Financial Promotions compliant manner, ensuring they can stay aligned to evolving rules and guidance while maintaining their credibility.” 

Lars Holst, Founder and CEO of GCEX Group, added: ” Regulation is something we take seriously and invest in, and we believe that commitment reflects the standards our clients expect of us. Having GlobalBlock’s UK financial promotions approved by Archax, alongside our MiCA authorisation, VARA licence and FCA registration for FX and CFDs, reflects the multi-jurisdictional regulatory framework within which different GCEX Group entities operate. Our clients, whether high-net-worth individuals, family offices, asset managers or corporates, can engage with us knowing that we seek to maintain strong governance and controls, aligned to the requirements of the relevant entity and jurisdiction in which we operate.” 

Headquartered in London, with multiple offices across the globe, GCEX is authorised and regulated by the Danish Financial Supervisory Authority (Finanstilsynet) as a Crypto-Asset Service Provider under the EU Markets in Crypto-Assets Regulation (MiCA) and as a Currency Exchange and has a Virtual Asset Service Provider licence by the Dubai Virtual Assets Regulatory Authority. GCEX is authorised and regulated by the UK FCA for the provision of FX and CFD products. True Global Ventures are investors in GCEX.