First Gibraltar-Based Sponsor Firm Announced

GSX Group
4 min readApr 9, 2018

--

DLTA, founded in Gibraltar by XChange Investments Limited (an entity owned by the partners at Hassans, a leading law firm in Gibraltar) and Adrian Clarke, a distinguished technology entrepreneur, has become the first Gibraltar-based Sponsor Firm to join the Gibraltar Blockchain Exchange (GBX).

Local Firms Bring Local Knowledge

In a highly volatile market, how do you ensure that only quality tokens get listed on an exchange?

There is a certain expertise required to see a project through from inception to a public sale. Finding that expertise is critical to the success and longevity of any token issuer, from smart contracts to effective marketing there is a lot to consider.

Local Sponsor Firms help to grow the ecosystem here in Gibraltar.

DLTA combines start-up, technology, financial, legal and regulatory skills with a belief in strong corporate governance. This underpins the advice they provided to enable clients to capture the sustainable new value created by the emergence of distributed ledger technologies.

Knowing the Jurisdiction

GBX’s rules-based system, in conjunction with the best practices built into the GBX Grid, aligns strongly with the Gibraltar Government and its Financial Regulator the Gibraltar Financial Services Commission’s (GFSC) philosophy and approach towards regulating cryptocurrencies. At the heart of that ethos is investor protection and upholding the reputation of Gibraltar.

This is the benefit of having local Sponsor Firms who know the jurisdiction.

The GBX Sponsor Firm Network is an integral part of the process of listing quality projects. They act as the first line of defence in the system and the jurisdiction as a whole.

Sponsor Firms help prepare applications, guide listings to market and ensure issuers meet their continuing obligations post token sale.

A World of Opportunity

There is excitement and enthusiasm for what the future holds for both DLTA and their clients.

With a Sponsor Firm Network that already comprises of KR1, Kession and Broctagon, DLTA is a welcome new addition to this expert group.

“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.” (Mark Okes-Voysey, DLTA’s CEO)

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.

Paving the Way

“Throughout my career, I have been involved with technology start-ups as an investor, executive or mentor. I am really excited about the opportunities that a well-regulated market like GBX opens up for our clients.” (Adrian Clarke, DLTA’s Chief Technology Adviser)

This is a significant milestone for the GBX. To approve its first Gibraltar-based Sponsor Firm is a continued sign of the growing crypto-economy in Gibraltar, solidifying the achievements we are making as a jurisdiction.

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.

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.

“We welcome DLTA into the GBX fold. They are a welcome addition to the ecosystem and a great example of what Gibraltar has to offer. DLTA, being associated with Hassans law firm in Gibraltar, demonstrates how serious Gibraltar is taking this emerging industry and the GBX as a platform for quality listings in a well-governed and rules-based environment.” (Nick Cowan CEO of GBX)

As the GBX Sponsor Firm Network continues to grow, so do the opportunities for issuers to come to our token launch centre from more jurisdictions, looking at Gibraltar and GBX as a solution for their token sales.

You can find out more about DLTA on their website using the following link: www.dltadvisers.com

Remember, you can follow us on any of our online channels:
Website: https://gbx.gi
Medium blog: https://medium.com/@Gibraltar.Blockchain.Exchange
LinkedIn: https://www.linkedin.com/company/18286558/
Facebook: https://www.facebook.com/GibBlockEx/
Twitter: https://twitter.com/GibBlockEx
Telegram: https://t.me/GBXCommunity
Reddit: https://www.reddit.com/r/GBXCommunity/
BitcoinTalk: https://bitcointalk.org/index.php?topic=2684176.msg27421066#msg27421066
YouTube: https://www.youtube.com/c/GibraltarBlockchainExchange

--

--

GSX Group

The GSX Group brings together our expanding network of companies: GSX, Juno Services, Global Blockchain exchange, and BIC.