GCEX partners with OpenPayd to boost cross-border payments

By Vriti Gothi

GCEX Group has partnered with OpenPayd to advance their fiat banking capabilities and enhance cross-border payment efficiency for institutional and professional clients.

This collaboration marks a significant milestone in GCEX’s digital transformation journey, reinforcing its position as a trusted bridge between traditional finance and digital assets. By integrating OpenPayd’s regulated financial services infrastructure, GCEX will deliver faster, more transparent and compliant payment solutions to brokers, hedge funds and asset managers across key global markets.

Through OpenPayd’s platform, GCEX clients onboarded in Europe can now access seamless EUR and GBP payment capabilities, while clients onboarded in the UAE benefit from USD, EUR and GBP transactions. The enhanced fiat on/off-ramp infrastructure enables more efficient settlement, improved liquidity management and a frictionless trading experience across jurisdictions.

OpenPayd’s infrastructure is designed to meet the highest regulatory and operational standards, offering secure, compliant and scalable banking rails that underpin the modern financial ecosystem. The partnership gives GCEX clients greater efficiency across multiple currencies, simplified settlement processes and a transparent, compliant payments framework tailored for institutional-grade operations.

Lars Holst, CEO and Founder of GCEX, commented, “This partnership with OpenPayd is an important step in strengthening our fiat capabilities for institutional and professional clients. At GCEX, we are committed to delivering secure, transparent and efficient access to deep liquidity and regulated custody solutions. By integrating OpenPayd’s real-time SEPA payment rails, GC Exchange A/S clients in Europe gain improved access to EUR and GBP settlements, while our GC Exchange FZE clients benefit from faster USD, EUR or GBP transactions. Together, these enhancements elevate the trading experience for our clients and ensure the highest standards of compliance across jurisdictions.”

Lux Thiagarajah, Chief Commercial Officer at OpenPayd, said, “We’re proud to have been selected by GCEX as they expand their global operations. As digital asset markets evolve, institutional clients need financial infrastructure that can keep pace with their demands. Our focus is to help businesses move and manage money globally and, through this partnership, GCEX can ensure their clients benefit from fast and flexible access to global banking networks.”