ION has partnered with GFO-X, the UK’s first regulated and centrally cleared trading venue for digital asset derivatives.
Francesco Margini
The collaboration will see ION powering market access, clearing and margin processing for GFO-X’s ecosystem, through the provision of software and infrastructure.
The firm has said that the move is set to meet the increasing institutional demand for secure and compliant crypto futures and options.
GFO-X will also be supported by ION’s front-to-back cleared derivatives technology, such as XTP Execution, XTP Clearing, and the firm’s trade-processing platform, XTP.
Francesco Margini, chief product officer for cleared derivatives at ION Markets said: “The GFO-X launch demonstrates the industry’s strong appetite to trade crypto derivatives across different regions and jurisdictions, and to trade all these products from a single technology platform.”
The offering will also provide access for intermediaries and their end-clients to trade on GFO-X alongside other crypto derivatives products offered at other US exchanges.
The partnership follows the launch of GFO-X which opened for trading Bitcoin index futures and options on 9 May, with the aim of bridging the gap between traditional finance and digital assets, with further crypto derivatives growth anticipated.
“Our partnership underscores our vision of creating a highly regulated and efficient market structure that meets the needs of large institutional participants,” said Arnab Sen, chief executive at GFO-X.
“We believe that this collaboration will drive significant growth and diversification in the digital asset derivatives market, providing our clients with unparalleled opportunities.”
The integration follows news that in June 2025, Trading Technologies (TT) had provided its clients with a connection to GFO-X, allowing clients trading on GFO-X to make use of TT features, such as execution algorithms, APIs and charting and analytics.