Digital
prime brokerage GCEX has hired Stanislav Bunimovich as its new Managing
Director for Asia-Pacific, tapping the former Finalto executive to drive growth
across one of the world’s fastest-growing crypto markets.
GCEX Taps Former Finalto
COO to Lead Asia-Pacific Push
Bunimovich,
who spent over 12 years at CFH/Finalto and rose to become Chief Operating
Officer and Board Member, will be based in Australia and report directly to
GCEX CEO Lars Holst. The appointment reunites the pair, as Holst co-founded
Finalto before launching GCEX in 2018.
The hire
comes as institutional appetite for digital assets continues surging across
Asia-Pacific, with hedge funds, family offices and professional trading firms
increasingly seeking regulated access to crypto markets. GCEX operates under
licenses from the UK’s Financial Conduct Authority, Denmark’s financial
regulator, and Dubai’s Virtual Assets Regulatory Authority.
“This
is a significant hire for GCEX,” Holst said. “Stanislav is widely
respected in our industry for driving growth and championing client-focused
innovation. His deep insights, network and leadership experience are major
assets for GCEX.”
Bunimovich
will focus on onboarding institutional clients across the region while scaling
GCEX’s crypto-related services. His background includes building
technology-driven liquidity frameworks and managing FX trade flows, experience
that aligns with GCEX’s push to expand its digital asset and foreign exchange
offerings.
Related: GCEX Broadens Access to Oil, Gas, and Metals Trading, Adding Eight New Spot Products
All-Time High Interest
The
London-headquartered firm offers institutional clients access to contracts for
difference on digital assets and FX, alongside spot trading and crypto
conversion services. Its XplorDigital suite includes plug-and-play solutions
branded “Crypto in a Box” and “Broker in a Box” that
provide regulated custody, staking, and risk management tools.
Bunimovich
said institutional interest in digital assets across Asia-Pacific has reached
“an all-time high,” making this an opportune moment to accelerate
GCEX’s regional expansion.
Cryptocurrencies are supporting GCEX’s growth also in other regions. In April, GCEX UK reported £3.8 million in revenue for 2024 and a reduced net loss, attributing much of this performance to the rising demand for crypto CFDs.
“I’m honored
and excited to join GCEX as Managing Director of APAC and as Strategic Advisor
to the CEO,” he said. “I look forward to partnering with our
exceptional team and industry leaders to further expand our footprint in APAC
and advance GCEX’s mission of transforming financial markets through digital
innovation.”
GCEX counts
True Global Ventures among its investors and maintains offices globally while
operating under multiple regulatory frameworks. The firm’s multi-jurisdictional
approach allows it to serve institutional clients across different regions
while navigating varying crypto regulations.
This article was written by Damian Chmiel at www.financemagnates.com.
