200 ICOs awaiting launch on Gibraltar Blockchain Exchange says its chief exec.

Blockchain Europe Gibraltar

The soon-to-be-launched Gibraltar Blockchain Exchange (GBX) chief executive Nick Cowan revealed in an interview for the Financial Times that the British Overseas Territory has already attracted “200” prospective ICOs.

“GBX has to date been approached by up to 200 applicants seeking to launch their ICO through the Gibraltar Blockchain Exchange,” Cowan said.

According to Cowan, ten candidates have already been attracted by the plans to have “accredited sponsors”, three of which have been approved to participate.

He then added that GBX target is to have a five-day turnaround on ICO applications and the exchange is scaling up its regulatory team to manage the demand.

About the author

Maciek Klimowicz

Maciek Klimowicz

A seasoned writer and editor with 10 years of experience in a variety of print and online media. Recognizing the transformative potential of the blockchain technology, Maciek has now put his pen to work to explore the key issues of this fast-evolving sector. Contact him on [email protected].

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