True Global Ventures Capital-backed GCEX completed the acquisition of GlobalBlock Europe.

True Global Ventures Capital-backed GCEX, a digital prime brokerage specializing in digital assets, foreign exchange services, and digital assets, completed the acquisition of GlobalBlock Europe, a crypto brokerage and asset management firm focused on high-net-worth individuals. Financial terms were not disclosed. "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," Lars Holst, GCEX Founder and CEO.