Crypto SA Becomes First Australia-Based Approved Sponsor Firm On The Gibraltar Blockchain Exchange
Sponsor Firms are a vital part of the Gibraltar Blockchain Exchange ecosystem helping issuers to come to market on the GBX GRID and Digital Asset Exchange.
Adelaide, Australia – 03rd July 2018 – Crypto SA is proud to announce today that it has become an approved Sponsor Firm with the Gibraltar Blockchain Exchange (GBX). As the first Australia-based Sponsor Firm, Crypto SA is now the fourteenth approved Sponsor in the global network which reaches from North America, across Europe, to Asia and now to Australia.
The GBX is composed of two parts, the GBX GRID, an institutional-grade token sale platform and the Digital Asset Exchange. Token issuers wishing to list their project on the GBX must start by appointing a Sponsor Firm.
Crypto SA is a blockchain venture capital and tokenomic accelerator based in Adelaide, Melbourne and Beijing. Founded by Yawn Rong and Michael Zhang, the company has always had it’s finger on the pulse for both primary and secondary markets, looking to find the best Token Sale projects.
“At Crypto SA, we come to work every day because we believe in the ideology and technology behind blockchain and decentralised applications that will re-shape our future. We are proud to be part of this disruptive revolution that will go down in the history” said Yawn Rong, Co-Founder of Crypto SA.
Sponsor Firms are referred to as the first-line of defence for the GBX, as they vet projects looking to list on the GRID and/or the Exchange, and accompany issuers on the rigorous application process. Issuers are only able to list on the GBX through our Sponsor Firm network and they must appoint a Sponsor to bring them to market.
Michael Zhang, Co-Founder of Crypto SA added: “We are very excited about this opportunity to work with GBX. We share the common belief and goals in this nascent but promising industry. We believe what GBX strikes to achieve is important for this industry to move forward. We are aiming to push top-of-the-tier ICO projects through GBX Grid and enhance the market presence of GBX in the Asian-Pacific region.”
The GBX is part of the Gibraltar Stock Exchange Group, part of which is the Gibraltar Stock Exchange (GSX), launched back in 2014. When building the GBX the team focused on transferring the best-practices and good governance of the GSX, a EU-Regulated stock exchange.
Nick Cowan, CEO of GBX welcomed Crypto SA, saying:
“The appointment of Crypto SA as our first Australia based Sponsor Firm further cements the GBX as a platform that provides truly global opportunities for projects to gain access to new and exciting avenues of funding. Crypto SA joining our Sponsor Firm network ultimately strengthens the global community of the GBX. Welcome aboard!”
Media Contact:
Yawn Rong
info@cryptosa.org
+61 8 7221 1669
About Crypto SA:
Crypto SA is a blockchain venture capital and tokenomic accelerator based in Adelaide, Melbourne and Beijing. As a VC, our finger is always on the pulse of the primary and secondary market, so that we can find the best ICO projects as well as hedge our risks through algorithm tradings. By sharing resources with our invested ICO projects, such as marketing, technical, security and legal support and market making, we are able to achieve mutual growth with them.
Crypto SA’s team comes from a diverse background, which covers the knowledge base of legal, financial, auditing, coding, cybersecurity, financial/crypto trading and operational management.
About GBX:
The Gibraltar Blockchain Exchange (GBX) aims to position itself as a world-leading institutional-grade token sale platform and digital asset exchange that is a subsidiary of the Gibraltar Stock Exchange (GSX), which is a European Union (EU) regulated stock exchange. The GBX is expected to be a global listing and token sales springboard for utility tokens that have satisfied a strict due diligence and admissions process as well as a high-quality digital asset exchange. In this regard, the GBX intends to set a higher standard for token issuance and trading for the benefit of all market participants.
