Gibraltar Stock Exchange (GSX), a regulated and active securities exchange, over the last few months have turned a great attention towards digital securities and is planning to build a strategic partnership with Bitbond, the first global business lending platform and also the Germany’s first security token.

Previously, in April GSX announced its plans to be among the list of world’s first stock exchanges to offer listing services of security tokens, digital debt securities and digital funds. Though, it is still to be seen what the cooperation between these two market leaders will result in but it is quite expected that Bitbond security token will likely trade on the GSX platform. Bitbond connects investors and borrowers from over 120 countries thanks to the blockchain powered payment processing.

Also Read: Huobi Building New Blockchain With Potential to Host Security Token Offerings

Key Comments

Bitbond Founder & CEO Radoslav Albrecht said: “STOs are the next logical evolution of the financial industry. At Bitbond we’re super excited to be able to pave the way for the market to develop in Europe. At the same time we’re proud at the prospect of working together with such a well respected and established partner like GSX.“ 

GSX Group CEO, Nick Cowansaid stated “To our knowledge, so far no other European exchange or marketplace has listed security tokens that can be traded by the general public. In order to offer the trading of tokenized securities, exchanges have to fulfill a number of regulatory requirements and provide the necessary technical infrastructure. We are hard at work to make this happen at GSX, utilising our blockchain technology solution, the STACS Network.”

Found this article useful? Follow us on Twitter and like us on Facebook to get latest updates about security tokens straight in your pocket.