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Wednesday, February 7, 2018

More traditional investors to join the crypto revolution, via the Gibraltar Blockchain Exchange...

Gibraltar is a British overseas territory, and one investors around the globe are comfortable doing business with. With full British passport rights - and oversight from European regulators.

Which is why this one has so many excited - the Gibraltar Stock Exchange will be introducing investors to the Gibraltar Blockchain Exchange.

"We're taking everything we know about the traditional stock exchange, and applying it to place where there are no rules. We've seen a huge explosion in token generating events (ICOs) - it seems to be a great way for startups and fintech's to access funds" says Nick Cowan, Gibraltar Stock Exchange managing director.

The idea is to introduce the world of blockchain based investments to traditional investors, in an exchange format they're already similar with from stock trading.

Like a stock exchange listing, the Gibraltar Blockchain Exchange will vet companies before they earn a listing, in hopes of adding an additional layer of comfort to investors who might be weary of diving into the blockchain space, which is still viewed as extremely violtile by many traditional investors.

They call this vetting process the "comprehensive listing process" which will involve consulting with their elected council of legal advisors, tech experts, academia, practitioners, and investors.

Their goal is outlined as such:

"The Gibraltar Blockchain Exchange (GBX) aims to be a world-leading institutional-grade token sale platform and cryptocurrency exchange. Built upon principles of decentralisation and community consensus, we seek to create a new era of trust, openness and global acceptance for the crypto industry, one quality token listing at a time."

The end result they hope to achieve is an exchange that revolves around a healthy cryptocurrency economy - reliable companies, and relitively stable investments.

With the launch of the exchange comes the launch of the token that will power it - The Rock Token (RKT). A utility token that will manage everything from membership, trading, listing and sponsorship fees.

There's some unique perks as well - early access to token sales, exclusive discounts, and opening up proposed community developments to voting by members.

The token sale is live - and more information can be found at https://gbx.gi

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Author: Mark Pippen
London News Desk