Press Release (ePRNews.com) - GIBRALTAR - Jan 16, 2019 - The Gibraltar Blockchain Exchange (GBX), an institutional-grade, regulated and insured token sale platform and digital asset exchange, today announced the addition of EOS to its Digital Asset Exchange (GBX-DAX), a state-of-the-art exchange created with the high expectations of professional crypto-traders in mind. EOS has been brought to the GBX-DAX by Sponsor Firm Iconiq Holding, and the announcement continues the strong start to 2019 for the GBX-DAX following the addition of XRP last week.
Commenting on the announcement, Nick Cowan, managing director and founder of the GSX (Gibraltar Stock Exchange) Group Limited, said, “With a market capitalisation of $2.3 billion USD at the end of 2018, EOS represents a significant addition for the GBX-DAX and is further testament to the amazing work the team continues to do behind the scenes. Everyone is familiar with EOS. It is globally traded at volume. On the GBX-DAX, not only will it be traded in a secure and trusted environment, but a regulated and insured one. As we push for greater adoption of blockchain and digital assets, providing users with access to the best tokens via our regulated exchange continues to be at the heart of everything we do.”
A free, open-source blockchain software protocol, EOSIO offers developers and entrepreneurs a platform on which to develop, deploy and run decentralized applications (dApps). With a focus on efficiency, scalability, flexibility and usability, EOSIO aims to enable users to build dApps as simply as possible. The EOS token allows users to use the infrastructure of EOSIO and to develop and host dApps on the platform.
Patrick Lowry, CEO of GBX Sponsor Firm Iconiq Holding, said, “Iconiq is excited to bring EOS to the GBX community by sponsoring its listing on the DAX. Iconiq is a large proponent of the GBX vision, and through the continued collaborative efforts of Iconiq, GBX and the great Sponsor Firms behind GBX, we aim to bring more quality tokens such as EOS to the GBX community.”
The GBX-DAX is a digital asset exchange built on institutional-grade best practices 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. From strict verification requirements to the listing of a wide range of assets, every aspect of the GBX-DAX works towards creating the most professional and secure trading environment possible.
“After also announcing the addition of XRP last week, we are determined to build on this momentum and increase the number of quality digital assets listed on the GBX-DAX. The addition of EOS to the GBX-DAX demonstrates our commitment to providing our users with the highest standards in digital asset trading, a trend that will continue throughout 2019 and beyond,” concluded Cowan.
The Gibraltar Blockchain Exchange (GBX) is a world-leading institutional-grade token sale platform and Digital Asset Exchange that is a part of the GSX Group, which also includes the Gibraltar Stock Exchange (GSX), a European Union (EU) regulated stock exchange. The GBX is a global listing and token sales springboard for utility tokens that have satisfied a strict due diligence and admissions process as well as a high-quality Digital Asset Exchange. The GBX is setting a higher standard for token issuance and trading through best practices and good governance, for the benefit of all market participants. The GBX received its full Distributed Ledger Technology (DLT) Licence from the Gibraltar Financial Services Commission (GFSC) in November 2018.
EOS is a decentralised operating system that uses blockchain technology to enable businesses to build dApps at scale. The EOS network is able to conduct millions of transactions per second, with no transaction fees. As a decentralised platform, EOS provides businesses with the developmental environment required to host applications and implement smart contracts, whilst solving the scalability issues faced by other blockchains like Bitcoin and Ethereum. Its native utility token, EOS, provides both storage and bandwidth on the blockchain.
Iconiq Holding is a global digital asset management firm headquartered in Frankfurt, Germany, with offices in London and New York. Iconiq Holding launched Iconiq Lab, the world’s first decentralized venture capital group and token sale accelerator program, in early 2017 and is issuing a series of digital asset index funds under the Iconiq Funds brand. Iconiq Holding is an authorized Sponsor Firm of the Gibraltar Blockchain Exchange (GBX) and the issuer of the ICNQ token.
If you have any concerns regarding this press release, please contact the Author / Media Contact / Business of this press release. ePRNews is not resposible for the accuracy of the news posted and do not endorse, support any product/ services/ business mentioned and hereby disclaims any content contained in this press release.