Gibraltar Blockchain Exchange’s Digital Asset Exchange Announces Listing of TRON’s TRX for Trading

January 23, 2019         By: Payment Week

23 January 2019The Gibraltar Blockchain Exchange (GBX), an institutional-grade, regulated and insured token sale platform and digital asset exchange, today announced the addition of TRON (TRX) to its Digital Asset Exchange (GBX-DAX), a state-of-the-art exchange created with the high expectations of professional crypto-traders in mind. TRON has been brought to the GBX-DAX by Sponsor Firm StratX, and follows the addition of XRP and EOS in recent weeks.

Nick Cowan, Managing Director and Founder of the GSX (Gibraltar Stock Exchange) Group Limited said, “We are delighted to announce the addition of TRX to the GBX-DAX. TRON’s goal to transform the entertainment industry through the creation of a decentralised ecosystem for content-sharing, is bolstered by a strong team of developers, who are deeply in tune with the mission of the leadership team.”

TRON is a blockchain-based operating system created with the aim of decentralizing the internet and its infrastructure while transforming the entertainment industry. The TRX token enables users to submit decentralized applications (dApps), share files and content on the TRON platform, publish, store, and own data on the platform, and interact with greater ease and at higher speeds. One of the main objectives of TRON is to decentralize global content, enabling content creators to generate revenues without relying on third-party applications.

Michael Horowitz, CEO of Stratx, said, “As a proud Sponsor Firm for the GBX, it was a privilege to help facilitate the partnership of these highly regarded companies in the digital asset space. Stratx is pleased to have introduced Justin Sun and the TRON Foundation to the first regulated and insured blockchain exchange, owned by an EU regulated stock exchange. As these markets evolve and mature, our focus is on matching together dynamic and pioneering issuer projects with institutional quality exchanges. Both GBX and TRON represent the future of the industry and provide a strong foundation for continued success.”

Justin Sun, Founder and CEO of TRON, said, “We are very glad that TRX can be listed by GBX and TRON will have more influence in the European market.”

The GBX-DAX is a digital asset exchange  built on institutional-grade best practices and good governance, derived from the capital markets experience gained through the GBX’s parent company, the Gibraltar Stock Exchange (GSX), an EU-regulated stock exchange. The GBX-DAX platform has been designed to be highly intuitive and easy to use. From strict verification requirements to the listing of a wide range of assets, every aspect of the GBX-DAX works towards creating the most professional and secure trading environment possible.

“As the third high-profile token to be listed on the exchange in as many weeks, the addition of TRX to the GBX-DAX continues the exciting phase of activity we are experiencing. We are committed to giving our users strong and viable trading opportunities, with TRX as the latest example of this vision at work. We are firmly in tune with TRON’s dedication to supporting decentralised ecosystems, and are proud to extend the reach of TRX to our community,” concluded Cowan.

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About the GBX

The Gibraltar Blockchain Exchange (GBX) is a world-leading institutional-grade token sale platform and Digital Asset Exchange that is a part of the GSX Group, which also includes the Gibraltar Stock Exchange (GSX), a European Union (EU) regulated stock exchange. The GBX is a global listing and token sales springboard for utility tokens that have satisfied a strict due diligence and admissions process as well as a high-quality Digital Asset Exchange. The GBX is setting a higher standard for token issuance and trading through best practices and good governance, for the benefit of all market participants. The GBX received its full Distributed Ledger Technology (DLT) Licence from the Gibraltar Financial Services Commission (GFSC) in November 2018.

About TRON

TRON is committed to promoting the decentralization of the Internet by creating key infrastructure. One of TRON’s products, the TRON Protocol, is one of the largest blockchain-based operating systems for decentralized apps. The system provides decentralized apps on the protocol with high-throughput, high-scalability, and high-availability support through TRON’s base-layer public blockchain. TRON will also support better compatibility with Ethereum smart contracts through an innovative, pluggable smart contract platform.

About StratX

Stratx Consulting Inc. is a global research and due diligence firm in the blockchain industry. They provide advisory, global liquidity solutions, and investment in select token projects. They perform rigorous analysis of exceptional token projects in pursuit of the highest business, technical, and legal standards. By leveraging their extensive professional experience in capital markets, business, and technology, Stratx is able to deliver to their clients and partners.