Gibraltar blockbank exchange lists Ripple's XRP on GBX-DAX


Gibraltar blockbank exchange lists Ripple's XRP on GBX-DAX

The Gibraltar Blockchain Exchange (GBX) has announced that it has added Ripple (XRP) to its Digital Asset Exchange (GBX-DAX).

Launched in October 2017 by the Gibraltar Stock Exchange (GSX), GBX is a platform for the sale of tokens at an institutional, regulated and insured level and the exchange of digital resources. In November 2018, he received a full license as a Distributor Led Distributor (DLP) technology provider from the Gibraltar Financial Services Commission (GFSC) under the Gibraltar Financial Services DLT 2018 Regulation.

According to the official version, GBX-DAX, an exchange of digital resources, currently has a total of 11 tokens listed.

Commenting on the latest support for the Ripple XRP token, Nick Cowan, Managing Director and founder of GSX (Gibraltar Stock Exchange Group Limited), said:

"Ripple is a major player 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." XRP is a token traded globally and , joining the GBX-DAX, further extends its liquidity and reach. "

GBX has stated that the GBX-DAX has been built on best practices and good institutional governance, derived from the experience gained from the capital markets, the Gibraltar Stock Exchange (GSX), a stock exchange regulated by the law. EU.

"In November last year, we were granted a full license to operate with the Gibraltar Financial Services Commision (GFSC) and then introduced insurance coverage for the activities listed on the GBX-DAX. around 2019, we plan to harness this momentum with the new digital resources listed on GBX-DAX, with Ripple as the first of these new tokens, "added Cowan.

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