Bitcoin Rollout Could Send GAIN Capital Sharply Higher

Summary

• Traders from China and Korea are being forced off of their own domestic crypto exchanges but still want to pour money into crypto. GCAP now provides an easy alternative.
• GCAP just added crypto products to its trading platform, BOTH long and short with 4x leverage. Much better spreads, liquidity, fees and reliability vs. crypto exchanges or futures.
• GCAP is US listed, established and profitable, but crypto trading not yet rolled out in US. US investors not aware of the impact and have not bid up stock.
• Majority of GCAP revenue comes via UK entity, including offshore customers. This allows services to customers including China, Japan and Korea. Again, US investors largely unaware.
• Global rollout to be announced within weeks, should boost stock sharply. GCAP will make its money off of crypto VOLUME regardless of whether crypto prices rise or fall.

This article is the opinion of the author. The author is LONG GAIN Capital (GCAP).

Section I: GCAP - The Next Leg Up For Trading Crypto

I am currently long GAIN Capital (GCAP) because I see multiple near-term catalysts that should send the stock to a rational level of at least $18-23. Near-term crypto mania could conceivably send it considerably higher.

Expected catalysts include near-term progress announcements from GCAP regarding its ongoing global Bitcoin rollout, as well as regulatory catalysts which will benefit GCAP at the expense of its would-be competitors. Announcements for both are expected in coming days or weeks.

Regardless of the direction of specific crypto currencies in the near term, it seems safe to say that we will continue to see elevated trading volumes for at least the next 12-24 months.

For Bitcoin alone, trading volumes are up 10x in the past few months and a staggering 400x since 2016.

GCAP is now setting up to make substantial profits off of cryptocurrency VOLUME regardless of whether crypto prices go up or down.

GCAP just launched Bitcoin trading for its customers, but only out of its UK entity. As a result, many US investors still do not appreciate its significance.

Most of the customers for GCAP's UK entity are actually offshore customers from Asia or the Middle East.

GCAP has had on-the-ground offices in each of Tokyo, Beijing, Shanghai, Hong Kong and Singapore since at least 2011. The company has historically partnered with regional financial leaders including Samsung Financial and Fortune Capital among others.

Each time a new government (such as China or Korea) attempts to stifle or over-regulate its domestic crypto exchanges, all this does is send droves of customers looking for an offshore (global) trading solution. This is exactly what GCAP has just launched and which will be substantially expanded in the

Analyst’s Disclosure: I am/we are long GCAP. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it. I have no business relationship with any company whose stock is mentioned in this article.

The author is long GCAP. The author may trade one or more securities mentioned in this article within the next 72 hours.