OmiseGO is a blockchain-based payment gateway that enables peer-to-peer transactions in real-time. The OMG network is said to coordinate exchanges between payment processors, gateways, and financial institutions, enabling transactions at high volume and low cost. The OMG token is both a staking token and the native currency for transaction payments on the OMG network.
Nick Cowan, Managing Director and Founder of the GSX (Gibraltar Stock Exchange) Group Limited, said he was proud to add the OMG token to the Digital Asset Exchange:
“Today, I’m pleased to present the OMG token to our growing community of traders within the GBX ecosystem, further demonstrating our focus on providing real choice to users on the GBX-DAX. As the seventh token to be listed on the GBX-DAX since the turn of the year, the addition of the OMG token represents the continuation of the strong upward trajectory we are experiencing,” commented Cowan.
In November 2018, the GBX-DAX became the first regulated and insured Digital Asset Exchange to be owned by a traditional stock exchange, the EU regulated Gibraltar Stock Exchange (GSX).