Tagged: gibraltar

August 4, 2023 @ 7:45 am By Omar Faridi  |  

Orbital, the London, Tallinn and Gibraltar-based traditional finance and crypto payments platform for global enterprises, has raised £5M ($6.4M) in “an oversubscribed growth round led by Golden Record Ventures, at an attractive valuation in which the founders are maintaining a large majority.” Participants in the… Read More

May 22, 2023 @ 12:49 pm By JD Alois  |  

Crypto brokerage LondonLink has raised £510,500 on a securities offering on Seedrs. According to the offering page, 140 investors participated in the sale of convertible security that holds a 30% discount to a future priced funding round. LondonLink securities are offered under the Seedrs Nominee… Read More

May 10, 2023 @ 8:40 am By Omar Faridi  |  

Xapo Bank, a licensed private bank that aims to combine traditional banking with access to Bitcoin and stablecoins, claims to have become the first bank in the world to integrate Tether (USDT) payment rails. Xapo Bank is regulated and based in Gibraltar. Earlier this year,… Read More

April 11, 2023 @ 10:17 pm By Omar Faridi  |  

FWD Group Holdings Limited recently completed its majority investment, with other investors, in Gibraltar BSN Life Berhad, “marking its entry into the Malaysian life insurance market.” The transaction was originally “announced on 20 February 2023.” As a result, FWD Group can now “provide a full-service… Read More

March 21, 2023 @ 9:59 am By JD Alois  |  

Xapo Bank says it is the first regulated bank to accept USDC deposits and withdrawals. Issued by Circle, USDC is the second largest stablecoin by market cap, pegged to the US dollar. Xapo Bank is regulated and based in Gibraltar. Xapo Bank states that USDC… Read More

October 31, 2022 @ 3:29 pm By JD Alois  |  

Valereum plc (AQSE: VLRM) has been approved to acquire the Gibraltar Stock Exchange (GSX). The consent was provided by the Gibraltar Financial Services Commission (GFSC). The deal was first revealed in the fall of 2021. The acquisition is expected to be completed in the first… Read More

May 25, 2022 @ 10:43 am By Omar Faridi  |  

Bitfrost, the fintech ecosystem that supports financial institutions in their adoption and management of digital assets, announced its successful registration “as a Virtual Assets Service Provider (VASP) with the Gibraltar Financial Services Commission (GFSC).” Now, Bitfrost can “provide clients with access to fiat-to-crypto, crypto-to-fiat and… Read More

April 27, 2022 @ 8:55 am By JD Alois  |  

HM Government of Gibraltar has published new regulations aiming to set a standard for market integrity in the digital asset sector.  The goal is to the prevention of market manipulation and insider trading as well as additional disclosure and outlined trading standards. According to a… Read More

December 30, 2021 @ 8:24 pm By JD Alois  |  

Valereum Blockchain Plc (AQSE: VLRM), has agreed to acquire Juno Group of Companies, a Gibraltar-based firm that facilitates the formation and management of trusts, administration of funds, and the formation of companies in Gibraltar. Juno also operates with both fiat and cryptocurrencies. In October of… Read More

October 26, 2021 @ 3:12 pm By JD Alois  |  

Valereum Blockchain Plc (AQSE: VLRM) has signed an agreement to purchase 80% of the shares of the Gibraltar Stock Exchange (GSX). Terms of the deal were not disclosed. According to a statement by GSX Group, the exchange group will retain the remaining 20% of outstanding… Read More

October 1, 2021 @ 9:54 am By JD Alois  |  

LendingBlock, a Gibraltar licensed DLT provider, will officially commence crypto lending on Monday (October 4, 2021) according to posts on Telegram. Gibraltar has positioned itself as a jurisdiction that is digital asset friendly in a regulatory compliant ecosystem. LendingBlock states: “Lendingblock opens for business Monday,… Read More

September 27, 2021 @ 7:47 am By Omar Faridi  |  

Greengage announced that it has strengthened its senior leadership team with the appointment of a new Chief Financial Officer. The company has hired former Starling Bank Head of Finance, Brennan Elliott-Jones, in order to accelerates growth of its Gibraltar business operations. Greengage, which intends to… Read More

August 4, 2021 @ 8:28 am By Omar Faridi  |  

The team at Digital Asset Management reports that it is now live on Crowdcube as the first Gibraltar registered firm to crowdfund. The firm’s management told Crowdfund Insider: “During the first few days of being live in Dam’s community, the company has raised over 1,000,000… Read More

June 28, 2021 @ 8:27 am By JD Alois  |  

Gibraltar Finance, the business development arm of HM Government of Gibraltar, is partnering with NFT Vision Hack, to encourage creative solutions to the NFT [non-fungible token] sector.  The global hackathon takes place from July 3 to August 30, 2021. Gibraltar has long sought to position… Read More

April 20, 2021 @ 11:47 pm By Omar Faridi  |  

London-based Clear Junction, a global payments solution provider, revealed on Tuesday (April 20, 2021) that it’s offering banking and payments solutions to Turicum Private Bank, with a key focus on handling real-time payments in GBP and EUR. Turicum Private Bank is a privately-owned banking institution… Read More

April 5, 2021 @ 5:41 pm By JD Alois  |  

INX says that April 22, 2021, is the official last day of its token offering. INX Limited filed an F-1 with the Securities and Exchange Commission (SEC) in 2019, which was subsequently approved in early 2020. At that time, INX indicated it was hoping to raise up to… Read More

April 1, 2021 @ 11:35 am By JD Alois  |  

According to a release by Valdy (TSXV:VALDY), the company has entered into a definitive agreement to acquire all outstanding securities of INX Limited. Upon completion, INX will effectively become a publicly listed company. Valdy is a shell company based in Vancouver, Canada.  Valdy was incorporated… Read More

March 15, 2021 @ 10:40 am By JD Alois  |  

The NEM Group has announced the launch of the “next generation” proof of stake enterprise-level blockchain called “Symbol.” The blockchain utilizes a native cryptocurrency “XYM.” NEM states that Symbol is designed to be interoperable, supporting public/private hybrid models, trustless cross-chain swaps, and with its APIs… Read More

January 19, 2021 @ 3:06 pm By JD Alois  |  

Gibraltar, an early entrant in the digital asset ecosystem, says it is adding to its already regulated digital ledger technology (DLT) framework with the development of a “10th Core Principal” for digital asset exchanges. A “Market Integrity working group” has been created to ensure that… Read More

November 3, 2020 @ 7:58 am By JD Alois  |  

HM Government of Gibraltar has joined the Global Blockchain Business Council (GBBC) an industry association for the blockchain technology industry. Gibraltar has targeted the digital asset sector of Fintech – including digital securities and cryptocurrency. The jurisdiction has created a digital asset friendly ecosystem in… Read More