Gibraltar Blockchain Exchange (GBX) Adds OST (Open Simple Token) to Its GBX-DAX


The GBX, also referred to as the Gibraltar Blockchain Exchange, one that has been considered to be an institutional grade, insured and regulated token sale platform plus also being a digital asset exchange has just announced that they have a new addition. It is the addition of the OST token to their current Digital Asset Exchange that they refer to as the GBX-DAX.

More On The OST

The OST was brought to the GBX-DAX by one of the Sponsor Firm, the KR1. With this token in place, it represents the sixth new token that gets listed on their exchange; this is since the beginning of this year. Thus this has added to the diverse range of tokens that have already been listed on the GBX-DAX.

The OST was initially found with the sole aim to accelerate the incorporation that is taking place within the blockchain technology into the business practices mainstream. Thus they are able to enable the businesses in the market to quickly deploy their branded token economies that have been crypto backed. All this will be done without having to know the custom code that is on the Ethereum smart contract.

With the OST it has been made a very simple token that will be able to allow any business to be able to tokenize their current assets easily.

“Widespread availability of OST is critical to our plans to bring blockchain to the mainstream, and for us to reach companies and developers who want to make use of the OpenST Protocol and OST software. Listing on GBX is a great step towards empowering an even broader set of mainstream businesses and consumers to embrace and benefit from blockchain.’’

According to Jason Goldberg, the CEO of OST

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