Valereum buys Gibraltar Stock Exchange to create crypto hub


FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

LONDON (Reuters) - Blockchain company Valereum said on Friday it would buy 90% of the Gibraltar Stock Exchange (GSX) to create the world's first bourse where shares and cryptoassets can be traded.

Valereum, listed on London's Aquis Exchange, said it will need approval from Gibraltar regulators to allow listed instruments on the GSX access to a regulated pool of crypto capital.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

Iran restores access to WhatsApp and Google Play after they were banned amid protests
OpenAI unveils artificial intelligence that can 'reason' through math and science problems
Court orders recall of Signify lighting products over patents, Seoul Semiconductor says
Telegram and WeChat first to initiate licensing to operate in Malaysia
Japan Airlines delays flights after cyberattack
Japan airlines experiencing issues due to cyberattack
The war on wildfires is going high-tech
Opinion: Why I’m getting rid of my smartwatch
How smartphones powered the AI boom in 2024
JAL's systems back to normal after cyberattack delayed flights

Others Also Read