The Gibraltar Blockchain Exchange (GBX) has entered into a strategic partnership with QUOINE in order to provide the cryptocurrency markets with a robust global liquidity alliance.

GBX aims to build an institutional-grade token sale platform and cryptocurrency exchange. The objective is to build a global listing and trading exchange for utility tokens and tokenised securities that have satisfied a strict due diligence process and community code of conduct. The GBX will create a marketplace where issuers, traders and stakeholders can participate with confidence and trust.

"By building a well-governed community, establishing best practices, and a gold standard code of conduct for token sales, the GBX aims to be the platform for the next generation of the emerging new economy,” Nick Cowan, GBX CEO, said. “Our partnership with QUOINE is a perfect match as we share the same principles and vision. QUOINE brings in best-in-class technology and a wealth of experience in the digital asset exchanges, and GBX brings in traditional regulated exchange experience and a token listing platform that aims to revolutionise the industry."

In its official release, QUOINE said that it follows a strict and careful KYC onboarding process required by the Japanese Financial Services Agency (FSA). Together with GBX, it will build a strong, global digital asset exchange alliance and network. QUOINE will be providing the technology support and robust liquidity.

"We are excited to be partnering with GBX, an exchange that shares our vision for a truly liquid crypto economy. The first phase of our partnership will be the listing of the GBX Rock token sale on our crypto-only exchange, QRYPTOS. In the next phase to build our global liquidity alliance, GBX will offer the QASH token as one of the payment tokens for all fees incurred on their platform, providing more payment flexibility for GBX customers. We hope QASH will help bridge Gibraltar's blockchain fintech ecosystem and the rest of the crypto economy through our exchanges, QUOINEX, QRYPTOS and the LIQUID platform,” Mike Kayamori, CEO and Co-founder of QUOINE added.