Crypto Firm GCEX Appoints Ayman Kobti As MENA Regional Directorbr>
UK regulated crypto firm GCEX has hired Ayman Kobti as the company’s new Regional Director for the Middle East and North Africa (MENA) operations.
GCEX is designed to meet the demand for regulated and compliant exposure to the digital assets space. Authorized and regulated by the Financial Conduct Authority (FCA), GCEX provides funds, brokers, asset managers, professional traders, and banks with a suite of cutting-edge products, including AI systems. This allows its clients to automate on-boarding, offer and trade digital assets and currencies with liquidity from Tier 1 banks.
Kobti joins GCEX from management consulting firm, MENA Solutions, where he provided portfolio optimization services for institutional clients in the Gulf Cooperation Council (GCC). Prior to that, he spent seven years at brokerage firm CFI Financial, serving as chief administrative officer for its Lebanon office.
“Crypto is something relatively new to the MENA region,” said Kobti adding that he is looking forward to enlightening professionals and institutions on “what blockchain and crypto means in practice and how the market has matured.”
Other crypto firms have set their eye on the same region, including Binance and Huobi. Binance launched a MENA venture that will focus on creating partnerships with local, compliant players in the region’s digital asset and blockchain sectors. Huobi, on the other hand, launched its platform in the Middle East in December 2019.