The Gibraltar Blockchain Exchange (GBX) has admitted OmiseGO’s OMG Token to its Digital Asset Exchange (GBX-DAX). OMG is now listed and available to trade.
OmiseGO aims to create a blockchain-based payment gateway that enables transparent, peer-to-peer transactions in real-time. Leveraging the trustless power of blockchain technology, the OMG network seeks to coordinate exchanges between payment processors, gateways, and financial institutions, enabling decentralised transactions at high volume and low cost. OMG would provide a next-generation value transfer service operating across currencies and asset types, and across national borders and corporate ledgers. The OMG token is both a staking token and the native currency for transaction payments on the OMG network.
GBX: Securing the Future of Decentralised Digital Payments in Regulated and Insured Environment
As the traditional world of finance moves to embrace the innovation, security, and transparency offered by blockchain technology and digital assets, the GBX continues to lead the way as a gatekeeper for safe transactions for institutions, issuers, and participants alike on its institutional-grade, trusted, and secure platform. 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 are exposed to a growing catalogue of the world’s highest-quality digital assets on the GBX-DAX, where they can participate in the token economy with complete confidence in an environment built upon the good governance and best practices brought over from the EU-regulated GSX.
CEO of the GSX Group, Nick Cowan, commented on OMG’s arrival on the GBX-DAX, saying:
“The OmiseGO team promote the values of cross-chain interoperability, scalability, and security within the global blockchain ecosystem. 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. 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.”
OMG Trading Pairs
OMG will be available in the following pairs: