The Gibraltar Blockchain Exchange (GBX) and QUOINE announced on Friday it has formed a strategic partnership. Th companies revealed that the partnership was created in order to provide the cryptocurrency markets with global liquidity alliance. The companies stated they are looking forward to building a strong, global digital asset exchange alliance and network. Quoine will be providing the technology support and robust liquidity. Nick Cowan, GBX CEO, shared:
“By building a well-governed community, establishing best practices, and a gold standard code of conduct for token sales, the GBX aims to be the platform for the next generation of the emerging new economy. Our partnership with QUOINE is a perfect match as we share the same principles and vision. QUOINE brings in best-in-class technology and a wealth of experience in the digital asset exchanges, and GBX brings in traditional regulated exchange experience and a token listing platform that aims to revolutionise the industry.”
Mike Kayamori, CEO and Co-founder of Quoine, then noted:
“We are excited to be partnering with GBX, an exchange that shares our vision for a truly liquid crypto economy. The first phase of our partnership will be the listing of the GBX Rock token sale on our crypto-only exchange, QRYPTOS. In the next phase to build our global liquidity alliance, GBX will offer the QASH token as one of the payment tokens for all fees incurred on their platform, providing more payment flexibility for GBX customers. We hope QASH will help bridge Gibraltar’s blockchain fintech ecosystem and the rest of the crypto economy through our exchanges, QUOINEX, QRYPTOS and the LIQUID platform.”
The companies added the partnership heralds the next phase of GBX’s plans to create a global center of excellence for fintech companies, developing solutions through utilizing Blockchain technology, and fulfilling our ambitions to create a regulatory environment that will be in place in Gibraltar in 2018.