Block Scholes has got off to a fantastic start in 2023, securing regulatory approval from the Financial Conduct Authority in the UK for specific regulated activity – which means we are likely the only regulated digital assets trade recommendation provider at this time.
Our new regulated status enables us to offer, trade recommendations and innovative financial products to professional market participants – a significant competitive advantage over unregulated service providers.
This important milestone follows on from the successes of late 2022, when we welcomed D2X, a crypto derivatives exchange soon to be regulated in the EU, to our growing list of clients and announced our partnership with Bitbns, India's leading cryptocurrency exchange.
“Block Scholes may be a young company, but we are covering ground fast, as demonstrated by our new status as an FCA-registered company. For too long, there has been a scarcity of trusted information in the cryptocurrency sector but we are here to change that, and this authorisation marks an important step. Our FCA registration covers our activities in relation to regulated instruments but in this rapidly changing regulatory environment, we wanted to be leaders in this regard by beginning the regulatory registration process. This is a real differentiator among our peers, and an essential pillar in our vision to be a trusted source for crypto investors, offering a comprehensive range of services from one platform. I am very much looking forward to growing the company further in 2023 and beyond as we cement ourselves as the go-to resource for institutional crypto investors and help to build trust within the market.”
Looking ahead, Block Scholes remains confident in the attractiveness and growth potential of crypto markets. Investors in this space have been underserved historically, but we are addressing this by combining proprietary data, sophisticated quantitative models, interactive analytics, enterprise services, financial products and independent research on one comprehensive and intuitive platform.