Today, GBX and QUOINE, the cryptocurrency exchange company have finalized a strategic partnership to work together towards the future of GBX. The deal is built on industry best practices and proven technology that will allow the cryptocurrency markets a robust global liquidity alliance.
GBX aims to build a world-leading institutional-grade token sale platform and cryptocurrency exchange. The GBX, as a subsidiary of the Gibraltar Stock Exchange, is in a unique position based in Gibraltar, a front-runner for jurisdictional regulation on blockchain businesses.
With Gibraltar’s DLT regulatory framework coming in to effect in January 2018, the Gibraltar Blockchain Exchange (GBX) team has been hard at work setting things up for the launch of its new crypto exchange.
The GBX team said:
“By teaming up with QUOINE, one of the largest digital exchanges in the world (based on trading volumes) that follows strict and careful KYC onboarding required in Japan, we are working with a partner that is not only a global leader but one that shares our values when it comes to business.”
Mike Kayamori, CEO and Co-founder of QUOINE added:
“We are excited to be partnering with GBX, an exchange that shares our vision for a truly liquid crypto economy. The first phase of our partnership will be the listing of the GBX Rock token sale on our crypto-only exchange, QRYPTOS. In the next phase to build our global liquidity alliance, GBX will offer the QASH token as one of the payment tokens for all fees incurred on their platform, providing more payment flexibility for GBX customers. We hope QASH will help bridge Gibraltar’s blockchain fin-tech ecosystem and the rest of the crypto economy through our exchanges, QUOINEX, QRYPTOS, and the LIQUID platform.”
In late September, QUOINE became one of the first license holders in Japan for the country’s new cryptocurrency exchange regulations. The company also completed recently a token sale for QASH tokens, which will be the fuel for its LIQUID ecosystem of crypto trading liquidity.