The Gibraltar Blockchain Exchange (GBX) continues to add new digital assets for trading on its regulated and insured token sale platform. Today GBX has announced the addition of Stellar Lumens (XLM) to its Digital Asset Exchange (GBX-DAX). GBX is part of the Gibraltar Stock Exchange (GSX), an EU-regulated stock exchange.
XLM currently has a market cap of over $1.6 billion and trades at around $0.08 per Lumen.
XLM’s listing has been sponsored by Firm Rampart Corporate Services. The listing of XLM follows the addition of XRP, EOS, and TRON in recent weeks.
Nick Cowan, Managing Director and founder of the GSX (Gibraltar Stock Exchange) Group Limited said they have made significant strides in 2019 in delivering on their mission of setting the highest standards in institutional-grade token sales and providing users with the most dynamic trading experience possible.
“The addition of XLM is another landmark moment for the exchange, as our status continues to rise within the global trading community.”
Stellar Lumens (XLM) is the digital asset of the Stellar network. The Stellar Network is a cryptocurrency-based global payment solution attempting to make cross-border payments cheaper and more efficient.
Peter Howitt, Founder of Gibraltar based law firm Ramparts, the sponsor firm said they are delighted to have worked with the GBX team and Boris Reznikov of Stellar Partnerships. Howitt called Stellar “a great brand with the potential to help bring borderless, safe and low-cost payments to the world and is a great fit for GBX.”
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