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February 4, 2019

Institutional-Grade Crypto Exchange Lists XRP, EOS, Tron and Stellar, Paired With Bitcoin, Ethereum and Fiat

By Daily Hodl Staff

The Gibraltar Blockchain Exchange (GBX), a regulated, institutional-grade crypto trading platform that handles up to one million orders per second, has listed XRP, EOS, Tron and Stellar, bringing its total number crypto assets paired with Bitcoin to 11.

GBX listed Stellar (XLM) on February 2nd, Tron (TRX) on January 23rd, EOS on January 16th, and XRP was the exchange’s first pick of the year on January 9th. All four cryptocurrencies are paired with Bitcoin, Ethereum, USD, EUR and GBP.

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The founder of the Gibraltar Stock Exchange Nick Cowan says the team at Ripple, which uses XRP to move value, shares his company’s vision of reshaping the old methods of finance and banking by using blockchain technology and cryptocurrencies that can transform global payments.

“As we move into 2019, we plan to build on this momentum with new digital assets listed on the GBX-DAX, with Ripple as the first of these new tokens.”

Attending the Security Token Future Global Conference in Singapore on January 25, Cowan said he believes the industry is at the start of a new cycle.

“I think we’re on a journey now. I think we’ve moved from analog to electronic, and now we’re going into digital. So I see the future as we are at the starting line of a 20-year cycle. So I see tokenization of existing assets, but also tokenization of equities and fixed income securities, et cetera, moving forward as being hugely exciting.”

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In addition to expanding its crypto offerings, Cowan says GBX is focused on tokenized securities as the world moves closer to a digital economy. Underlying equities like global entertainment giant Sony, he says, can be tokenized and put into the hands of crypto traders.

Since its full-scale public launch in August 2018, GBX is the world’s first fully regulated digital asset exchange to be owned by a traditional stock exchange, the Gibraltar Stock Exchange. It offers insurance protection for digital assets and auditable reserves for full transparency.

Licensed by the Gibraltar Financial Services Commission, the exchange says it adheres to strict listing procedures for high-quality tokens to build a comprehensive blockchain financial system for crypto traders worldwide.

As fintech and finance leaders worldwide push to integrate blockchain and crypto trading, GBX is a leader in the space.

German stock exchange Börse Stuttgart launched its crypto trading platform Bison last month. Intercontinental Exchange, owner of the New York Stock Exchange, delayed by regulators, plans to launch its crypto trading platform Bakkt in 2019.

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