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The Gibraltar Blockchain Exchange (GBX), an institutional-grade, regulated and insured token platform and digital asset exchange, has today added Ripple (XRP) to its Digital Asset Exchange (GBX-DAX), a state-of-the-art crypto-traders in mind.
Nick Cowan, Managing Director and Founder of GSX (Gibraltar Stock Exchange) Group Limited, said, "Ripple is a major player within the blockchain industry. It ways to re-shape the old methods of finance and banking, transforming payments through blockchain technology. XRP is a globally traded token and by joining the GBX-DAX it further extends its liquidity and reach. "
RippleNet for frictionless money transfers globally. RippleNet uses advanced blockchain technology, boasting scalability and interoperability between networks. XRP, the digital asset used within the Ripple ecosystem, includes major institutions such as Santander, Standard Chartered, and American Express.
The GBX-DAX is a digital asset exchange built on an institutional-grade best practice and good governance, derived from the capital markets experience gained through the GBX's parent company, the Gibraltar Stock Exchange (GSX), an EU-regulated stock exchange. The GBX-DAX platform has been designed to be highly intuitive and easy to use. Every aspect of the GBX-DAX works towards creating the most professional and secure trading environment.
"In November last year, we were granted the Gibraltar Financial Services Commision (GFSC) and, following this, we introduced insurance coverage for assets listed on the GBX-DAX. As we move into 2019, we signed up to this moment with new digital assets listed on the GBX-DAX, with Ripple as the first of these new tokens, "concluded Cowan.
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