GCEX, a digital asset and currencies technology platform for institutional and professional clients, has established a new office in Kuala Lumpur, Malaysia. The FCA-regulated firm says the opening in Kuala Lumpur was a natural consequence of its globalisation strategy and its international network of partners. The office has been established to meet increasing demand in the Southeast Asia region for GCEX’s offering. The company now has four locations worldwide, including Scotland, Denmark, and London, where it is headquartered. Its office in Copenhagen, which opened in September 2021, already has a team of six people. GCEX also plans to expand its team of developers with three new hires in Glasgow in the next couple of months. The Malaysia operations will focus principally on the expansion of sales in the region, in addition to customer support. The region offers a large and diverse talent pool, with skill sets specialized in the convergence of financial services and technology. The move also comes a few weeks after Singapore-based venture capital firm True Global Ventures (TGV) invested $4 million into GCEX. Lars Holst, Founder and CEO, GCEX, commented: “Expanding our global footprint into Asia is a significant development for GCEX and a key milestone in our growth strategy. We selected Kuala Lumpur as our Asia hub as we believe it is one of the Fintech capitals of Asia, with a strong pool of talent for us to access as we grow the business.”
