Bitcoin exchange Globitex GBX token sale raises €7 million in 24 hours

Globitex, an EU cryptocurrency exchange ecosystem announced today they sold out their public token sale of €7 million equivalent in Globitex GBX tokens within 24 hours, hitting its combined pre and public sale hard cap of EUR 10 million. The goal of the Globitex GBX token sale is to fund the scaling of its existing Globitex institutional grade exchange.

Aiming to be an institutional grade cryptocurrency exchange, Globitex was cofounded by former Bitcoin Foundation Executive Director Jon Matonis and a group of experienced traders.

The Globitex parent company NexPay UAB was granted an Electronic Money Institution (EMI) license by the Bank of Lithuania at the end of last year, allowing it to carry out payment services, open IBAN accounts and issue e-money in the EU.

Liza Aizupiete, Globitex Managing Director and Cofounder said,

“We are proud and humbled to have had so much support from contributors from all around the globe who believe and see the need to help us create an industrial level commodities cryptocurrency exchange.”

“We as a team at Globitex look forward to continuing to build a professional cryptocurrency exchange that will allow traders to buy and sell commodities such as gold, coffee and crude oil in large volumes around the world for cryptocurrencies. The GBX token will be an integral part of the Globitex trading infrastructure, allowing us to promote new listings and thus advance the global crypto economy as a whole.”

The platform is especially geared towards institutional market participants, offering NAV reports and daily statements on trading, orders, and payments.

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