The Gibraltar Blockchain Exchange (GBX) has listed the Iconiq token “ICNQ” to its Digital Asset Exchange (GBX-DAX).
Since the beginning of 2019, GBX-DAX has listed XRP, EOS, TRON, XLM, and now ICNQ. In 2018, GBX-DAX received a full “Distributed Ledger Technology (DLT) Licence” from the Gibraltar Financial Services Commission (GFSC) and is EU regulated.
Nick Cowan, Managing Director and Founder of the GSX (Gibraltar Stock Exchange) Group Limited said he was pleased to unveil the latest development in their ongoing efforts to provide the most dynamic trading experience possible.
“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.”
Germany based Iconiq is a diverse digital asset firm. Not only is Iconiq the creator of its ICNQ token but it has also acted as a sponsor firm having assisted EOS to trade on GBX-DAX.
Iconiq Holding is also the developer of the crypto asset management platform “AMaaS.”
Described as “venture capital decentralized,” Iconiq provides consulting services, funding for ICO development, an accelerator program, a fund, and more. Holders of the ICNQ token gain membership to the “ICO investment club and fund share classes, available through Iconiq Lab and Iconiq Funds.” The token is also redeemable as a voucher by holders for discounts on their ecosystem services.
Patrick Lowry, CEO of Iconiq Holding, the developer of the ICNQ token, said they are “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.”
Iconiq said 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.
Cowen said they are in the midst of a “sustained phase of activity strengthening their 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,” said Cowan.
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