The Gibraltar Blockchain Exchange (GBX), a token sales platform and regulated and insured digital asset exchanges, has added Ripple (XRP) to its Digital Asset Exchange (GBX-DAX), an exchange created with the high expectations of Crypto professionals. traders in mind.
"Ripple is one of the key players in the blockchain industry, similar to our work at the GSX Group, aiming to reformulate old methods of finance and banking, transforming payments through blockchain technology," noted the managing director and founder of GSX Nick Cowan. "XRP is a globally negotiated token and, joining the GBX-DAX, further extends its liquidity and reach".
Ripple, created to bridge digital asset exchanges, payment service providers and banks through RippleNet for frictionless money transfers globally, uses RippleNet block technology, which boasts scalability and interoperability between networks. XRP, the digital asset used within the Ripple ecosystem, is a source of liquidity for its customers, including Santander, Standard Chartered and American Express.
$ XRP on # GBX-DAX: @GibBlockEx Founder Nick Cowan @NickCowanGSX @Ripple #digitalasset #cryto #CryptoHarbour
Ripple has recently passed a milestone of 200 customers for RippleNet. Current clients include Euro, Exim Bank, SendFriend, JNFX, FTCS, Ahli Bank of Kuwait, Transpaygo and BFC Bahrain. JNFX, SendFriend, Transpaygo, FTCS and Euro Exim Bank will use the XRP digital asset to raise cash on demand when sending payments on behalf of their clients.
"We also saw an increase of 350% last year in customers who send payments in real time and we are starting to see more customers turning over the tune and leveraging XRP for on-demand liquidity," said Ripple. CEO Brad Garlinghouse.
GBX-DAX is an exchange of digital resources based on institutional best practice and good governance, derived from the experience of financial markets acquired through the parent company of GBX, the Gibraltar Stock Exchange (GSX), a stock exchange regulated by the # 39; EU.
"In November last year, we were granted a full license to operate from the Gibraltar Financial Services Commission (GFSC) and then introduced insurance coverage for the activities listed on the GBX-DAX", added Cohen. "As we move towards 2019, we plan to take advantage of this momentum with the new digital assets listed on the GBX-DAX, with Ripple as the first of these new tokens."
The GBX-DAX claimed that its platform was designed to be intuitive and easy to use. From stringent audit requirements to the listing of a wide range of assets, every aspect of GBX-DAX is aimed at creating the most professional and secure trading environment possible.
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