XRP is the first token to be launched on the exchange this year, with more planned launches to come.
The Gibraltar Blockchain Exchange (GBX), a cryptocurrency exchange and marketplace for initial coin offerings, announced this Wednesday that it has added a new cryptocurrency to its Digital Asset Exchange (GBX-DAX), Ripple (XRP).
Ripple is a real-time gross settlement system, currency exchange and remittance network. It uses its network, RippleNet, to facilitate money transfers globally. XRP is the digital asset used within the Ripple ecosystem.
At the time of publishing, XRP fetches $0.37 against the US dollar, up by 1.98 percent, according to CoinMarketCap. XRP is one of the most popular cryptocurrencies within the sector. At present, it has a market cap of $15.13 billion, with more than 40.79 billion XRP in circulation.
“Ripple is a major player within the blockchain industry. In ways similar to our work at the GSX Group, it aims 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,” said Nick Cowan, Managing Director and Founder of GSX (Gibraltar Stock Exchange) Group Limited.
GBX receives a license from the Gibraltar Financial Services Commission
The addition of XRP follows a number of changes on the GBX, which was launched by the Gibraltar Stock Exchange in February of 2018 with an ICO, through which it raised $27 million.
As Finance Magnates reported in November last year, the exchange was granted a full license from the Gibraltar Financial Services Commission. According to the statement released at the time, by securing the license, the Gibraltar Stock Exchange is the first national stock exchange to own a regulated cryptocurrency exchange.
“...following this, we introduced insurance coverage for assets listed on the GBX-DAX. 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,” added Cowan.
The Gibraltar Blockchain Exchange (GBX), a cryptocurrency exchange and marketplace for initial coin offerings, announced this Wednesday that it has added a new cryptocurrency to its Digital Asset Exchange (GBX-DAX), Ripple (XRP).
Ripple is a real-time gross settlement system, currency exchange and remittance network. It uses its network, RippleNet, to facilitate money transfers globally. XRP is the digital asset used within the Ripple ecosystem.
At the time of publishing, XRP fetches $0.37 against the US dollar, up by 1.98 percent, according to CoinMarketCap. XRP is one of the most popular cryptocurrencies within the sector. At present, it has a market cap of $15.13 billion, with more than 40.79 billion XRP in circulation.
“Ripple is a major player within the blockchain industry. In ways similar to our work at the GSX Group, it aims 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,” said Nick Cowan, Managing Director and Founder of GSX (Gibraltar Stock Exchange) Group Limited.
GBX receives a license from the Gibraltar Financial Services Commission
The addition of XRP follows a number of changes on the GBX, which was launched by the Gibraltar Stock Exchange in February of 2018 with an ICO, through which it raised $27 million.
As Finance Magnates reported in November last year, the exchange was granted a full license from the Gibraltar Financial Services Commission. According to the statement released at the time, by securing the license, the Gibraltar Stock Exchange is the first national stock exchange to own a regulated cryptocurrency exchange.
“...following this, we introduced insurance coverage for assets listed on the GBX-DAX. 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,” added Cowan.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
FM's Editor-in-Chief Yam Yehoshua on how the newsroom evaluates stories.
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Matthew Smith, Group CEO at EC Markets, speaking at FMLS:24
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
Finance Magnates Annual Awards 2024 | FM Awards 2024 Highlights
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
🎥Catch the best moments from the Finance Magnates Annual Awards Gala Dinner!
An evening where top names in finance came together to celebrate achievements, enjoy live music, and connect over a memorable dinner. Watch the highlights and feel the energy of our first gala in Cyprus!
Congratulations to all the winners for their dedication to excellence and leadership in the financial industry, including XM, Trading PRO, FP Markets, Deriv, FxPro, LATAM, Headway, ATFX, FBS, AMEGA, EC Markets, Axi
For more information about the 1st Finance Magnates Annual Awards, visit https://bit.ly/3Zb7wNz
#FinanceMagnatesGala #IndustryExcellence #GalaHighlights #FinanceMagnatesAnnualAwards #FinanceMagnatesAwards #CelebratingSuccess #FinanceCommunity
FMLS:24 | Shaping the Next Era of Financial Evolution
FMLS:24 | Shaping the Next Era of Financial Evolution
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
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📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!
Welcome to FMLS:24 – the premier event where influential brands and leaders in trading, payments, fintech, and digital assets come together!
Join over 2,500 industry professionals, engage with 150+ expert speakers, and discover endless opportunities with 70+ top exhibitors. FMLS:24 is where senior executives and decision-makers gather to close deals, forge new partnerships, and strengthen connections with long-term clients.
Whether you’re in finance, technology, or payments, this summit is your gateway to future growth, meaningful collaborations, and industry-leading insights.
👉 Don't miss out – secure your ticket now at https://events.financemagnates.com/ZQEYy0?utm_source=youtube&utm_campaign=fmls24-awareness&utm_medium=video&RefId=MLS%3A24+Video+Promo
#fmls #fmls24 #fmevents #financemagnates #forex #payments #crypto #events #london #fintech #ai #generativeai #technology #onlinetrading #forex #investing #investors #tech
📣 Stay updated with the latest in finance and trading!
Follow FMevents across our social media platforms for news, insights, and event updates. Connect with us today:
🔗 LinkedIn: https://www.linkedin.com/showcase/financemagnates-events/
👍 Facebook: https://www.facebook.com/FinanceMagnatesEvents
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Don't miss out on our latest videos, interviews, and event coverage. Subscribe to our YouTube channel for more!