Join Our Mailing List
Wednesday March 29, 2023
Bitcoin (BTC) $28,316.59   Ethereum (ETH) $1,802.53
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Investment Management
    • M&A
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
Trezor Model T
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
Home Featured

Gibraltar Stock Exchange leads venture to develop new blockchain asset trading protocol

Published by CryptoNinjas.net
11/14/2018
Gibraltar Stock Exchange leads venture to develop new blockchain asset trading protocol

The Gibraltar Stock Exchange (GSX), geared towards establishing a trusted financial services group for the new digital era, has today announced a joint venture with the Hong Kong publicly listed company Chong Sing Fintech Holdings Limited and blockchain development company Prime Fintech Co. Ltd. to establish the group Hashstacs Inc.

As part of the collaboration, Hashstacs Inc. will be developing the Securities Trading Asset Classification Settlement (STACS) Protocol, a unique public/permissioned hybrid global blockchain that will support the issuance, trading, clearing and settling of digital securities.

“This joint venture represents a major step forward in realizing the GSX vision to build a trusted global financial services group for the new digital era, facilitating more efficient scaling and deployment of solutions as the tokenization of financial markets develops. I’m very excited to work alongside the esteemed teams at Chong Sing Fintech and Prime Fintech Co. Ltd. as we collectively strive for blockchain development excellence.”

Nick Cowan, Managing Director and Founder of GSX Limited

Additional projects on the STACS Protocol will include the building of a new exchange trading platform for the GSX, further development of the Gibraltar Blockchain Exchange (GBX) trading platform (a subsidiary of the GSX), and creation of the Hashstacs Enterprise Wallet, a secure and scalable multi-signature cold hardware storage solution that will enhance the field of digital assets custody.

The STACS Protocol is designed to transform the capital markets with Distributed Ledger Technology (DLT) while enforcing the best standards accepted by regulators in an open, transparent, and inclusive environment. The protocol is geared towards encouraging all stock exchanges, investment banks, brokers and dealers, and other qualified financial institutions to join for free as verified partners, while providing advantages to both issuers and investors globally.

“The GSX Group was an early supporter of the potential of DLT to provide issuers and investors with the ability to list and trade tokenized securities. The STACS Protocol is a significant development for the wider blockchain ecosystem, supporting the issuance, trading, and settling of digital securities. We encourage other institutions to capitalize on this opportunity and join the network of Verified Partners that we are already building to provide their services using the STACS Protocol,” concluded Cowan.

16
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram

Related News

STO Global-X security token platform integrated into GSX Group’s STACS

04/05/2019
STO Global-X security token platform integrated into GSX Group’s STACS

The Gibraltar Stock Exchange Group (GSX Group) via its fin-tech subsidiary Hashstacs and Singapore-headquartered STO Global-X announced today the beginning of collaborations. STO Global-X ‘s end-to-end securities tokenization platform and exchange solution will be integrated with the GSX...

Read more

Gibraltar Stock Exchange deploys digital exchange prototype on new blockchain

03/05/2019
Gibraltar Stock Exchange deploys digital exchange prototype on new blockchain

The Gibraltar Stock Exchange (GSX) Group, announced today it has successfully deployed a GSX Digital Stock Exchange prototype and a demo bond issuance, on the Securities Trading Asset Classification Settlement (STACS) Network’s Global TestNet....

Read more

Gibraltar Blockchain Exchange explores integration of DLT trading system Hydra X

01/24/2019
Gibraltar Blockchain Exchange explores integration of DLT trading system Hydra X

It was announced today that the Gibraltar Blockchain Exchange (GBX), a regulated and insured digital asset exchange and token sale platform, and the Gibraltar Stock Exchange (GSX), an EU-regulated stock exchange, have entered into...

Read more
Load More
Leave Comment

Where to Exchange

Leading crypto suite in Spain & LATAM Visit
European bitcoin exchange Visit
Swap & buy 150+ cryptocurrencies Visit
First U.S. regulated BTC exchange Visit
  • Trending
  • Latest
Trust Wallet launches anticipated browser extension of its crypto management app

Trust Wallet launches anticipated browser extension of its crypto management app

11/14/2022
Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

Global Brain invests in Omise, creator of crypto ecosystem OmiseGO

10/22/2018
Oracle network for Algorand blockchain Algoracle closed $1․5M seed round

Decentralized oracle network for Algorand blockchain Algoracle closes $1․5M seed round

05/18/2022

Ripple names payment network RippleNet and grows product suite

08/01/2017
Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

Nomura’s Laser Digital invests in Infinity, an Ethereum-based money market protocol

02/15/2023
ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

ETH infrastructure platform Blocknative adds TX bundles, cancellation, and replacement support

02/02/2023
Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

Crypto derivatives exchange Deribit to put in place trade surveillance platform from Eventus

01/24/2023
Crypto exchange Gemini launches new electronic OTC trading solution

Crypto exchange Gemini launches new electronic OTC trading solution

01/19/2023
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact
No Result
View All Result

© 2016 - 2023 CryptoNinjas Disclosures | Privacy Policy