Nick Cowan

Gibraltar Blockchain Exchange adds EOS to digital asset exchange

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). EOS was brought to the GBX-DAX by sponsor firm Iconiq Holding, and comes on the heels of XRPs addition last week.

“With a market capitalization 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,” GSX Group founder and managing director Nick Cowan said. “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. 

“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,” Mr. Cowan added. “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.”

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