Denmark · Crypto
GC Exchange A/S
Trading asGCEX|GC Exchange
GC Exchange A/S is a Danish public limited company based in Kastrup and trading as GCEX. The Danish Financial Supervisory Authority (Finanstilsynet) authorises it as a crypto-asset service provider under the EU Markets in Crypto-Assets Regulation (MiCA) and as a currency exchange. It is a subsidiary of the UK company GCEX Holding Limited. It provides digital-asset spot trading, conversion and foreign exchange services to institutional and professional clients. Finanstilsynet granted its MiCA authorisation in December 2025.
Licences and registrations
Held by GC Exchange A/S (LEI 254900TM3KOYH0SY8V19). 1 entry on 1 of the 22 tracked registers, retrieved 25 September 2026.
| Register | Licence | Number | Jurisdiction | Status | Registered | Ends | Activities | Register entry |
|---|---|---|---|---|---|---|---|---|
| ESMA interim MiCA register of crypto-asset service providersFinanstilsynet | Crypto-asset service providerCrypto-Asset Service Provider | 254900TM3KOYH0SY8V19 | Denmark | Active | 2025-12-12 | — |
|
Search the register ↗ |
Trading names on the register: GCEX|GC Exchange (ESMA-CASP)
- Each licence applies in the country of the regulator that granted it.
- Registers are tracked in 37 countries. Licences granted elsewhere are not recorded here.
Swift network
Swift’s ISO 9362 BIC directory
Holds no BIC in Swift’s directory.
Its LEI is not mapped to a BIC in the Swift and GLEIF BIC-to-LEI relationship file.
Overview
Researched 29 Sep 2026 · Sources
Customers
Not published
Employees
Not published
Ownership
Group subsidiary
GCEX Holding Limited
Firm type
Crypto exchange or broker
Trades as GCEX
- Ownership
- According to the entity's LEI record, GCEX Holding Limited, a UK company, is its direct and ultimate parent. The group names the venture capital firm True Global Ventures as its main investor.
- Direct parent
- GCEX Holding Limited ↗, United Kingdom
- Head office
- Amager Strandvej 390, 2770 Kastrup, Denmark
- Company register
- CVR 43088777
- Founder
- Lars Holst
Online
- Websites & references
- gc.exchange ↗
knowledge.gc.exchange ↗ FAQ and knowledge base (group) - Official social accounts
- LinkedIn ↗ · X ↗ · Telegram ↗
Sources · 13 pages consulted
- gc.exchange/
- gc.exchange/hubfs/Redeg%C3%B8relse%20vedr.%20inspektion%20i%20GC%20Exchange%20AS.pdf?hsLang=en
- finanstilsynet.dk/tilsyn/inspektion-og-afgoerelser/2024/maj/gc_exchange_150524
- gc.exchange/your-gcex-team?hsLang=en
- gc.exchange/digital-assets?hsLang=en
- gc.exchange/media-room
- gc.exchange/media-room-press-releases/gcex-secures-mica-license
- gc.exchange/media-room-press-releases/expands-partnership-with-openpayd
- gc.exchange/media-room-press-releases/gcex-group-acquires-global-block-to-accelerate-growth
- gc.exchange/gcex-unlocks-prime-digital-assets-forex-and-cfds
- gc.exchange/media-room-press-releases/gc-exchange-limited-reports-2025-results
- financemagnates.com/institutional-forex/regulation/gcex-secures-mica-licence-in-denmark-as-eu-crypto-regulati
- financialit.net/news/cryptocurrencies/true-global-ventures-invests-us4-million-pioneering-digital-brokera
Authorisation
Researched 29 Sep 2026 · Sources
- Operates under
- Its own licences
Finanstilsynet authorises the firm as a crypto-asset service provider under MiCA and as a currency exchange. The firm says it serves clients across EU countries under the MiCA authorisation but does not say how many host states it has notified.
| Authority | Licence or registration | Number | Held | Status | Source |
|---|---|---|---|---|---|
| Danish Financial Supervisory Authority (Finanstilsynet) Denmark | Crypto-Asset Service Provider under the EU Markets in Crypto-Assets Regulation (MiCA) | 10901 | In its own name | Active | — |
| Danish Financial Supervisory Authority (Finanstilsynet) Denmark | Currency Exchange | 45020 | In its own name | Active | — |
| Danish Financial Supervisory Authority (Finanstilsynet) Denmark | Virtual Asset Service Provider registration under the AML regulation | 17524 | In its own name | Status unconfirmed | — |
Licences and registrations the research found, at home and abroad, as the firm and its regulators publish them. The Licences and registrations card shows the entries on the registers the directory tracks.
Partners and safeguarding
Researched 29 Sep 2026 · Sources
- Safeguarding
- Not disclosedThe firm states that it works only with regulated custodians for clients' digital assets. It publishes no statement on how it safeguards client fiat funds.
- Crypto-asset custody
- Held by a third-party custodianThe firm offers spot trading, conversion and on-ramp and off-ramp of digital assets. It states that clients' digital assets are held with regulated third-party custodians, whom it does not name.
- Settlement bank
- OpenPayd
- Payment schemes and card networks
- SEPA Credit Transfer Through a partner gc.exchange ↗
Banks and regulated firms the firm says hold its customers’ money, issue its cards, sponsor its accounts or settle its payments, as it discloses them in its terms and notices.
Products and markets
Researched 29 Sep 2026 · Sources
It offers institutional and professional clients spot trading and conversion of digital assets, foreign exchange services and the GlobalBlock-branded GB10 and GB Yield strategies. It does not serve retail clients.
The firm says its MiCA authorisation lets it offer crypto products to institutional and professional clients across European Union countries.
- Sells to
- Enterprises · Financial institutions · Other
- Serves customers in
- Denmark
- Latest funding round
- USD 4m Jan 2022Led by True Global Ventures 4 Plus
Leadership
Researched 29 Sep 2026 · Sources
- Executive
- Michael Aagaard Managing Director Denmark
- Founder
- Lars Holst CEO and Founder (GCEX Group)
- Chair
- Jesper Ronald Petersen Chairman of the Board (GCEX Group)
- Chief financial officer
- Juan Scarabino CFO (GCEX Group)
Recent events 1 enforcement or investigation item
Researched 29 Sep 2026 · Sources
-
Licence
Finanstilsynet authorised the firm as a crypto-asset service provider under MiCA.
gc.exchange ↗ -
Other
The firm and its Dubai sister company selected OpenPayd to provide fiat payment rails, including real-time SEPA payments for European clients.
gc.exchange ↗ -
Merger / acquisition
GCEX Group acquired GlobalBlock Europe UAB, a crypto brokerage and asset management firm serving high-net-worth individuals.
gc.exchange ↗ -
Enforcement
After an AML inspection in November 2023, Finanstilsynet ordered the firm to risk-classify customers individually and collect sufficient information on expected customer activity.
finanstilsynet.dk ↗
Compliance-relevant events of the last three years, newest first: fines and enforcement, investigations, security incidents, licence changes, funding rounds, acquisitions and leadership changes. Each links to its source.
Identifiers
- Licence no. · ESMA-CASP
- 254900TM3KOYH0SY8V19
- BIC
- Holds no BIC in Swift’s directory
- How the LEI was matched
- Published by the register
- Elucidate firm ID
- 2f4c34a82db6
Profile
- Type
- CryptoCrypto-asset service providers, virtual-asset trading platforms and stablecoin issuers. Taken from the licences on the tracked registers.
- Regulation
- Prudential licenceAuthorised with capital, safeguarding and conduct requirements, e.g. an authorised payment or e-money institution in the EU or UK, a major payment institution in Singapore, or a MiCA crypto-asset service provider.
- Main licence class
- Crypto-Asset Service Provider
- Activities
- Crypto-assets
- Licensed in
- Denmark · Europe & Central Asia
- First registered
- 2025-12-12
- Website
- gc.exchange ↗
Types come from Swift’s BIC classification, the licences on the 22 tracked registers, and the ECB and FSB bank lists. Most banks outside the euro area appear as financial institutions, because their supervisors’ registers are not tracked yet.
Ownership and group
GLEIF relationship records
- Direct parent
- Gcex Holding Limited · United Kingdom2549007RYC6E27XRB550 ↗
Group membership follows the accounting-consolidation relationships reported to GLEIF. It does not show ownership shares or control.
Addresses
- Address on the register
- Amager Strandvej 390, 2770 Kastrup
- Country
- Denmark
ISO 20022 identification
As an agent in a Swift cross-border payment message (CBPR+)
This institution holds no BIC. A CBPR+ message identifies it by name and postal address, and may add its LEI or a clearing code.
- Identified by
- Name and postal address, with its LEI
- Postal address
- Incomplete: no town published
- The register publishes no town as a separate field. A CBPR+ postal address needs at least a town name (TwnNm) and a country (Ctry).
The LEI record in GLEIF holds a structured legal address.
CBPR+ identifies the instructing and instructed agents by BIC only. An institution without a BIC can be the debtor, creditor or an intermediary agent.
The values are as published by the register. Check them against your own records before use.
Sources & method
Register entries come from the public registers of financial regulators, standardised into one taxonomy. LEIs are matched through GLEIF, and a BIC is linked only through a shared LEI.
An institution missing from these registers is not necessarily unregulated.
Register entries are not matched against the OFAC or EU sanctions lists. Where the legal entity also holds a BIC, the matches for that BIC are on its page. Always screen against the official lists.
An institution is one entry in the directory: a BIC8 in Swift’s directory, or a firm on a tracked register that holds no BIC. Licences held by an institution with a BIC are shown on its page.
Read the methodology →Register for this page
- ESMA interim MiCA register of crypto-asset service providers—European Securities and Markets Authority (ESMA) · source ↗ as at 25 September 2026
- Ownership and group—GLEIF Level 2 relationship records (accounting consolidation), matched by LEI.
- Overview, authorisation, partners, products, leadership and events—researched per institution by an AI model with web search, from the firm's own website, terms and filings, regulators' registers and notices, company registers and news. Licences, partners, figures, people and events link to their source, and each card shows the research date. AI research can be wrong or out of date, so check key facts at the source.
Assess the financial crime risk behind a licence
A licence records what an institution is authorised to do; it does not assess it. The Elucidate FinCrime Index (EFI) is an independent score of the financial crime risk of banks and payment institutions.
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