Sunday, August 13, 2017

Gibraltar Stock Exchange Plans Blockchain-Powered Trading System

Gibraltar Stock Exchange Plans Blockchain-Powered Trading System

Gibraltar's primary securities exchange has revealed a plan to "fully integrate" blockchain into its trading and settlement systems.


To help with the integration, the Gibraltar Stock Exchange (GSE) also announced a strategic partnership with a firm called Cyberhub Fintech, which has become a shareholder in the exchange as part of the deal.


"The investment signals the Gibraltar Stock Exchange's continued commitment to expand its capital markets network and influence in Asia as well as its ambition to become one of the world's first regulated exchanges to fully integrate use of blockchain into its operational processes from ICO to IPO," the GSE said in a statement.


Few details on the integration have yet to be released, however. A representative for the GSE did not immediately respond to CoinDesk's questions about the announcement.


Full story at http://bit.ly/2uzxX2K


Source: CoinDesk


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