Gibraltar Blockchain Exchange lists ICNQ token on GBX-DAX

The Gibraltar Blockchain Exchange (GBX) has added support for ICNQ token on its Digital Asset Exchange (GBX-DAX).

ICNQ, the fifth token that has been listed on the exchange so far this year, has been brought to the GBX-DAX by Sponsor Firm Iconiq Holding. Initially, it will have trading pairs with USD, BTC and ETH, and more pairs will be added in the near future.

“The Iconiq team have a wealth of experience in traditional financial markets and are acutely aware of the importance of accessibility and liquidity — two principles at the heart of our offering. Collaborations with like-minded organizations such as Sponsor Firm Iconiq, are fundamental to achieving greater recognition for our emerging industry,” Nick Cowan, Managing Director and Founder of the GSX (Gibraltar Stock Exchange) Group Limited said.

The ICNQ token is available through Iconiq Holding, global crypto asset management firm and developer of the crypto asset management platform AMaaS. It powers the ICNQ ecosystem, creating a harmonic solution to digital asset management.

Token holders gain exclusive membership to the ICO investment club and Iconiq Funds' crypto index fund share classes and can redeem the token as a voucher for discounts on ecosystem services.

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 GSX, an EU-regulated stock exchange. It supports Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Ripple (XRP), Litecoin (LTC), STACS (STACS), IOST (IOST), Bluzelle (BLZ), EOS (EOS), TRON (TRX), and Stellar Lumens (XLM), among others.

"We are in the midst of a sustained phase of activity, with a range of high-profile token additions such as XLM and XRP to the GBX-DAX so far in 2019, strengthening our position as a world-class cryptocurrency exchange,” Cowan added.