The Gibraltar Blockchain Exchange (GBX) has announced its upcoming public Token Sale Event which will commence on the 7th of February, 2018, and conclude on the 14th of February, 2018. Tokens issued in the Token Sale will be called Rock Tokens (RKT). Approximately 60 million RKT, equivalent to $6 million USD in total, will be issued during the event.
As a subsidiary of the Gibraltar Stock Exchange (GSX), the GBX aims to be a licensed and regulated token sale platform and digital asset exchange that is operated by a European Union 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 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.