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Things still seem to work great for XRP, since the crypt still has another ad in a relatively new environment. On this day, 9th January 2019, the GBX (Gibraltar Blockchain Exchange) announced its decision to add XRP as before the cryptocurrencies to be traded on its platform.
GBX is the first in the country
GBX was born in February 2018 through an ICO that collected 27 million dollars. GBX is designed as a cryptographic exchange and a digital market for ICO. In November 2018, GBX was issued with a full license by the GFSC (Gibraltar Financial Services Commission), making sure that the company was the first in the country to manage a regulated encrypted exchange. As such, GBX continued to offer insurance coverage for the assets listed on its GBX-DAX platform. XRP is the first of these digital assets listed on GBX-DAX.
Ripple to reorganize banking and financial activities
According to the founder and MD of the GSX (Gibraltar Stock Exchange), Nick Cowan, Ripple is a major player in the industry that reflects the vision of GSX to redefine the processes and methods involved in global banking and financial transactions through the use of the new and more effective blockchain technology. In this sense, and since XRP is a cryptographic token that can be traded globally, adding the coin to the GBX-DAX list works well increase liquidity and adoption.
How does this affect XRP?
At the time of this reporting, the price of XRP is $ 0.363, with a total market capitalization of $ 15 billion. Currently, there are about 40.79 XRP tokens in circulation within the cryptographic market. Judging by recent events, it is safe to say that XRP has remained relatively stable during the trials and tribulations faced by the market in recent times. As for the last list, we can only wait and see how XRP responds.
