Tagged: gibraltar

Digital Asset Exchange Bullish Launches Perpetual Futures for Eligible Clients

Bullish, which claims to be among the “fastest-growing,” regulated, institutional digital assets exchange, recently launched perpetual futures for eligible customers following approval from its regulator, the Gibraltar Financial Services Commission (GFSC). The growing dominance of the global crypto derivatives market, which “accounts for approximately 75%… Read More

Xapo Bank Adds 3 Cryptos to App

Xapo Bank, a fully licensed bank that combines traditional banking with access to Bitcoin, stablecoins, and altcoins, recently announced it is launching three more cryptocurrencies that members can buy, sell, and hold on the Xapo Bank app — Ethereum (ETH), Cardano (ADA), and Polygon (MATIC)…. Read More

Orbital Approved in Gibraltar as a Regulated Distributed Ledger Technology (DLT) Provider and Electronic Money Issuer

Orbital has received approval from the Gibraltar Financial Services Commission (GFSC) to operate as an Electronic Money Issuer (EMI) and a Distributed Ledger Technology (DLT) Provider. Orbital has offices in London, Gibraltar, and Tallinn. Gibraltar has long been known as an enabler for digital asset… Read More

DLT Adoption: Orbital Secures £5M to Help Firms Realize Potential of Blockchain Payments

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

Crypto Brokerage LondonLink Raises £510,500 on Seedrs

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

Stablecoins: Xapo Bank Expands Stablecoin Payment Rails, Becoming “First” Licensed Bank To Enable Tether Deposits, Withdrawals

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

Life Insurance: FWD Group Makes Investment in Gibraltar BSN Enabling a Full-Service Offering in Malaysia

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

Xapo Bank Now Allows Stablecoin USDC Deposits and Withdrawals

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

Valereum Gains Approval to Acquire Gibraltar Stock Exchange

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

Fintech Bitfrost Secures VASP Registration in Gibraltar

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

Gibraltar Adds New Digital Asset Legislation, Aims to Set Standard on “Market Integrity”

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

Valereum Blockchain to Acquire Gibraltar based Juno Group, Advances Mission of Regulated Bridge with Crypto

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

Gibraltar Stock Exchange to be Purchased by Valereum Blockchain

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

LendingBlock, a Crypto Lending Platform, Opens for Business on Monday

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

Greengage Strengthens Senior Leadership Team with Appointment of Brennan Elliott-Jones as CFO

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

Digital Asset Management Secures £1.1 Million from Over 400 Investors via Crowdcube at £55 Million Pre-Money Valuation

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

Gibraltar Government Sponsors NFT Hackathon

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

London based Clear Junction, a Payments Solution Provider, to Offer Banking Solutions to Gibraltar’s Turicum Private Bank

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

INX Say April 22nd is Last Day of Security Token Offering, Secondary Market Expected to Go Live Following Day

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

Canadian Shell Company Valdy to Acquire All Outstanding Securities of INX Limited

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

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