Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm
The stock exchange of Gibraltar, a British territory, has received a purchase offer by a blockchain firm called Valereum. The purchase, that is set to occur in the new year, if effective, might make the Gibraltar Stock Exchange the first bourse where cryptocurrencies and stocks could be traded with cryptocurrencies. Regulators are currently reviewing this offer. Gibraltar Could Become a Crypto Haven Gibraltar might make history as the territory in which the first mixed bourse, with crypto assets and stocks available for investors, operates. The main bourse of the British....
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The Gibraltar Stock Exchange said Tuesday that it listed a new bitcoin fund belonging to 3iQ Corp, a Canadian investment fund manager that focuses on new technologies and crypto assets. The announcement follows GSX Group’s recent launch of what it calls the Grid, “a venue to create and deploy debt securities, funds, and equities as ‘smart securities’ in tokenised form”. GSX is the parent company of the Gibraltar Stock Exchange. According to the exchange, the newly listed fund tracks the price of bitcoin by using a special index feed, which was developed by....
A private stock exchange based in Gibraltar is adding an exchange traded instrument (ETI) invested in bitcoin. The BitcoinETI, the Gibraltar Stock Exchange announced today, is being issued by a firm called iStructure PCC PLC, based in Gibraltar. Local firms Argentarius ETI Management Limited and Revoltura Limited were also involved with the issuance. The exchange said it was the first of its kind approved in Europe. The ETI is reportedly being co-listed by marketplace organizer Deutsche Börse, according to the announcement, though that service has yet to independently confirm its....
Gibraltar Stock Exchange has approved the inclusion of BitcoinETI as a tradable instrument on the exchange platform. Gibraltar Stock Exchange has announced the introduction of a new Bitcoin backed security into its list of trading instruments. BitcoinETI, with the assigned ticker BTCETI is an asset-backed Exchange Traded Instrument created by Argentarius ETI Management and invested exclusively in Bitcoin. In order to include the new asset, Gibraltar Stock Exchange has partnered with Argentarius ETI Management, a well-known entity offering flexible European securitization solutions to....
BitcoinETI, an asset-backed Exchange Traded Instrument that exclusively invested in bitcoin will be included in the Gibraltar Stock Exchange under the ticker BTCETI. In an announcement today, the Gibraltar Stock Exchange (GSX) has revealed its addition of BitcoinETI, a bitcoin-centric Exchange Traded Instrument (ETI). The stock exchange states that the asset-backed ETI’s inclusion will be the first European regulated product for the cryptocurrency. Bitcoin will be the underlying asset backing the Exchange Traded Instrument and the inclusion of BitcoinETI will now enable asset managers and....
An asset-backed Exchange Traded Instrument which has invested exclusively in Bitcoin, BitcoinETI, has become the first European regulated product for the leading digital currency after it was approved for admission to listing on the Gibraltar Stock Exchange GSX on 22 July 2015, the Gibraltar-based private limited company has announced. According to information on its website, BitcoinETI offers professional investors exposure to Bitcoin as it trades in Euro charging 1.75% as management fees on a minimum order size of €100,000. The ETI, sponsored by Gibraltar based FinTech specialists....