The Gibraltar Blockchain Exchange (GBX) has admitted EOS to its Digital Asset Exchange (GBX-DAX). EOS, brought to the DAX by Sponsor Firm Iconiq Holding, is now listed and available to trade.
EOS is a decentralised operating system that uses blockchain technology to enable businesses to build dApps at scale. The EOS network is able to conduct millions of transactions per a second, with no transaction fees. As a decentralised platform, EOS provides businesses with the developmental environment required to host applications and implement smart contracts, whilst solving the scalability issues faced by other Blockchains like Bitcoin and Ethereum. Its native utility token, EOS, provides both storage and bandwidth on the blockchain.
Patrick Lowry, CEO of GBX Sponsor Firm, Iconiq Holding, said:
“Iconiq is excited to bring EOS to the GBX community by sponsoring its listing on the DAX. Iconiq is a large proponent of the GBX vision, and through the continued collaborative efforts of Iconiq, GBX and the great Sponsor Firms behind GBX, we aim to bring more quality tokens such as EOS to the GBX community.”
GBX: The Regulated, Trusted Exchange
Derived from the good governance, transparency, and best practices brought over from the Gibraltar Stock Exchange (GSX), the GBX has always maintained its position as an institutional-grade Token Sale Platform (GBX-GRID) and trusted Digital Asset Exchange (GBX-DAX). The award of a full DLT licence from the Gibraltar Financial Services Commission (GFSC), in addition to the acquisition of a bespoke insurance policy in Q4 2018, has cemented the GBX’s position as a trusted exchange within the blockchain industry.
More importantly, the GBX is the first fully regulated digital asset exchange to be owned by a traditional stock exchange; the GSX.
Nick Cowan, CEO of the GSX Group acknowledged the importance of the EOS listing, stating:
“With a market capitalisation of $2.3 billion USD at the end of 2018, EOS represents a significant addition for the GBX-DAX and further testament to the amazing work the team continues to do behind the scenes. Everyone is familiar with EOS. It is globally traded at volume. On the GBX-DAX though, not only will it be traded in a secure and trusted environment, but a regulated and insured one. As we push for greater adoption of blockchain and digital assets, providing users with access to the best tokens via our regulated exchange continues to be at the heart of everything we do.”
EOS Trading Pairs
EOS will be available in the following pairs: