The Gibraltar Blockchain Exchange (GBX), the institutional-grade, regulated and insured token sale platform and digital asset exchange, today announced the addition of ICNQ to its Digital Asset Exchange (GBX-DAX). Adding to the diverse range of tokens on the GBX-DAX, ICNQ is the fifth token that has been listed on the exchange so far in 2019.
Available through Iconiq Holding, global crypto asset management firm and developer of the crypto asset management platform AMaaS, the ICNQ token powers the ICNQ ecosystem, creating a harmonic solution to digital asset management. Holders of the token gain exclusive membership to the ICO investment club and Iconiq Funds’ crypto index fund share classes. The token is redeemable as a voucher by holders for discounts on ecosystem services.
In January 2019, Iconiq Holding brought EOS to the GBX community by sponsoring its listing on the GBX-DAX.
Patrick Lowry, CEO of Iconiq Holding, the developer of the ICNQ token, said, “We are delighted to extend the reach of the ICNQ token, already delivering new standards of digital asset management. Bringing GBX-DAX users into our ecosystem is a natural next step for us, given our existing status as a GBX Sponsor Firm. The GBX’s secure and insured exchange allows for next level wealth generation, mirroring our own mission and efforts at Iconiq Holding.”
The ICNQ token will have trading pairs with USD, BTC and ETH to begin with, with additional pairs to be added in the near future.
Nick Cowan, Managing Director and Founder of the GSX (Gibraltar Stock Exchange) Group Limited said, “I’m pleased to unveil the latest development in our ongoing efforts to provide the most dynamic trading experience possible, with the addition of the ICNQ token to the GBX-DAX. The Iconiq team have a wealth of experience in traditional financial markets and are acutely aware of the importance of accessibility and liquidity — two principles at the heart of our offering. Collaborations with like-minded organizations such as Sponsor Firm Iconiq, are fundamental to achieving greater recognition for our emerging industry.”
“We are in the midst of a sustained phase of activity, with a range of high profile token additions such as XLM and XRP to the GBX-DAX so far in 2019, strengthening our position as a world-class cryptocurrency exchange. We operate in a dynamic, fast-paced environment, and are determined to set the highest standards in speed and efficiency by evolving in tandem with the industry, while continuously adding value to our platform,” concluded Cowan.