Gibraltar Stock Exchange Now Allows Listing of Tokenized Securities
The Gibraltar Stock Exchange (GSX) is now allowing financial firms to list blockchain-based securities on its GSX Global Market platform.
The exchange announced the news on Tuesday, saying that its existing regulatory permissions granted by the Gibraltar Financial Services Commission (GFSC) cover the use of blockchain or distributed ledger technology (DLT) by issuers as a means of recording ownership.
As a result, the firm can now allow listing of corporate and convertible bonds, asset-backed and derivative securities, as well as open-ended and closed-ended funds in a digital or tokenized form.