The Gibraltar Blockchain Exchange (GBX), a subsidiary of the EU-regulated Gibraltar Stock Exchange (GSX), has announced that their RKT token sale has concluded, having sold out in only 9 seconds. GBX sold over 300 million Rock Tokens (RKTs), now distributed to more than 3400 contributors, enabling the company to move into the development stage of the cryptocurrency exchange. Operating within a fintech ecosystem, this platform will adhere to industry standards, respect for quality control, and introduce accountability and transparency to the digital asset market.
More information is available at https://gbx.gi
Recently released, the GBX ICO listed publicly on the 7th of February 2018 reached the hard
cap and sold out in record time. The bulk of the proceeds from the sale of these tokens will
create the integrated platform and marketplace for the trading of cryptocurrencies. Plus, it will
ensure the integrity of the Rock Token ecosystem.
According to the GBX Road Map or timeline of progress, the company will list the tokenized
securities on the GSX Global Market, as well as the Main Market, which is EU governed.
Trading of the RKT tokenized security will commence in the latter half of 2018 on the GSX's
own blockchain based platform.
By 2019, the GBX and GSX ecosystems will expand into the UK, Europe, Asia, and the Middle
East. As such, they will integrate with the respective stock exchanges.
Classified as a world-leading, institutional grade token sale platform, GBX leverages the
regulatory and management experience of the Gibraltar Stock Exchange so that it follows the
principles of traditional business. This philosophy creates an elevated level of governance
when trading cryptocurrencies and tokens to ensure that the company supports the correct
protocols and legal framework. As such, GBX follows a rigorous listing process and holds the
relevant license to practice.
A spokesperson for GBX said, “The GBX aims to create a new era of trust by following
stringent principles of decentralization and community consensus. As such, the company
strives to create openness and global acceptance of the cryptocurrency, by listing only quality
tokens. The GBX platform will function as a trading venue, now that its initial coin offering has
To find out more about GBX, their trading venue and tokens, visit the link above.