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Gibraltar

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

March 20, 2018 by Ashley MAO

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.

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Ashley MAO, Coinlaw

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Ashley MAO is a member of the Coinlaw team. Read more about our team.

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