GFO-X has debuted its Financial Conduct Authority (FCA)-regulated crypto derivatives platform, the U.K's first such trading venue for digital assets. The new platform executed its first trade on Tuesday between financial institutions Virtu Financial and IMC, and was cleared by DigitalAssetClear, GFO-X announced on Tuesday.DigitalAssetClear, created by London Stock Exchange Group (LSEG) subsidiary LCH, is a service for cash-settled bitcoin index futures and options contracts
source: https://www.coindesk.com/business/2025/05/13/uks-first-fca-regulated-crypto-derivatives-trading-venue-gfo-x-debuts-in-london