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Gibraltar Blockchain Exchange’s DAX lists OMG token for trading

Tony Zerucha

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The Gibraltar Blockchain Exchange (GBX), an institutional-grade, regulated and insured token sale platform and digital asset exchange, today added the OmiseGo (OMG) token to its Digital Asset Exchange (GBX-DAX), a state-of-the-art exchange created for professional digital asset traders in mind. OMG will have trading pairs with USD, BTC, and ETH on the GBX-DAX.

“The OmiseGO team promote the values of cross-chain interoperability, scalability, and security within the global blockchain ecosystem,” Nick Cowan, managing director and founder of the Gibraltar Stock Exchange Group said. “With these principles in mind, I’m proud to add the OMG token to the GBX-DAX, and to help accelerate the growth of a platform building a payment gateway that facilitates transparent, peer-to-peer transactions in real-time.”

Nick Cowan

OmiseGO, a network aiming to facilitate financial inclusion and interoperability, and offer a decentralized mechanism for the future of financial networks and decentralized economies. It allows for the building, scaling, and use of dApps on the OMG network, emphasizing the need for transparency and ease of access in a decentralized financial network. OMG, an ERC-20 token, allows for transactions and exchanges to take place speedily, across different blockchains, as well as between multiple blockchains.

Since obtaining a full DLT Licence from the Gibraltar Financial Services Commission (GFSC), the GBX-DAX became the first regulated and insured digital asset exchange to be owned by a traditional stock exchange, the Gibraltar Stock Exchange (GSX). Users of the GBX-DAX have access to a growing catalogue of high profile digital assets and have the opportunity to participate in the token economy in an environment built upon the good governance and best practices brought over from the EU-regulated GSX.

“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,” Mr. Cowan added. “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.”

Tony Zerucha

Tony Zerucha is an alternative finance journalist with more than seven years experience in the space. The author of more than 1,000 articles, Tony was named LendIt's 2018 Journalist of the Year.

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