The Gibraltar Blockchain Exchange (GBX) has announced that DLTA (Distributed Ledger Technology Advisers), will become its first Gibraltar-based Sponsor Firm.
DLTA was founded in Gibraltar by XChange Investments Limited (an entity owned by Hassans International Law Firm) and Adrian Clarke (a distinguished technology entrepreneur). DLTA brings together start-up, technology, financial, legal and regulatory skills with a belief in strong corporate governance. This underpins the advice DLTA provides to enable clients to capture sustainable new value created by the emergence of distributed ledger technologies.
Mark Okes-Voysey, CEO, DLTA, commented:
"We are delighted at being the first Gibraltarian firm to be approved as GBX sponsors and having the opportunity to play a part in, what we expect, will become a leading platform for issuing and trading high quality utility tokens. We have a healthy pipeline of GBX listing candidates with great vision, ability to execute and commitment to high standards of governance."
As remarked by GBX in their release, Gibraltar's approach to the growing crypto-industry is showing real-world progress in the establishment and development of The Rock as a beacon for fintech innovation. The formation of DLTA is a sterling example of the growing demand for projects looking to base themselves in Gibraltar and potentially list on the GBX Grid for their respective token sales.
The greater due diligence, transparency and delineation of responsibility in the GBX ecosystem and Sponsor Firm Network increases the efficiency and speed to market for issuers. DLTA effectively paves the way for more Gibraltar-based Sponsor Firms to join the network, share their knowledge and expertise, and provide their clients with opportunities to engage with GBX, as the platform continues to expand.
For more information on sponsor firms and this announcement in particular, please link to the GBX press release here. For more information on DLTA, please visit their website or contact Mark Okes-Voysey on mark@dltadvisers.com