Iconiq Holding Announces the Listing of ICNQ Token for Trading on the GBX-DAX

FRANKFURT, Germany, Feb. 13, 2019 /PRNewswire/ -- Global crypto asset management firm Iconiq Holding, a Sponsor Firm of GBX, announces the listing of the ICNQ token on the GBX-DAX. The Gibraltar Blockchain Exchange (GBX) is an institutional-grade, regulated and insured token sale platform and digital asset exchange. The Digital Asset Exchange (GBX-DAX) is a state-of-the-art exchange created with the high expectations of professional crypto-traders in mind. Adding to the diverse range of tokens on the GBX-DAX, ICNQ is the fifth token that has been listed on the exchange so far in 2019.

Nick Cowan, Managing Director and Founder of the GSX (Gibraltar Stock Exchange) Group Limited said, "I'm pleased to unveil the latest development in our ongoing efforts to provide the most dynamic trading experience possible, with the addition of the ICNQ token to the GBX-DAX. The Iconiq team have a wealth of experience in traditional financial markets and are acutely aware of the importance of accessibility and liquidity — two principles at the heart of our offering. Collaborations with like-minded organizations such as Sponsor Firm Iconiq, are fundamental to achieving greater recognition for our emerging industry."

In January 2019, Iconiq Holding brought EOS to the GBX community by sponsoring its listing on the GBX-DAX. Available through Iconiq Holding, global crypto asset management firm and developer of the crypto asset management platform AMaaS, the ICNQ token powers the ICNQ ecosystem, creating a harmonic solution to digital asset management. Holders of the token gain exclusive membership to the ICO investment club and Iconiq Funds' crypto index fund share classes. Additionally, the token is redeemable as a voucher by holders for discounts on ecosystem services.

Patrick Lowry, CEO of Iconiq Holding, the developer of the ICNQ token, said, "We are delighted to extend the reach of the ICNQ token, which is already delivering new standards of digital asset management. Bringing GBX-DAX users into our ecosystem is a natural next step for us, given our existing status as a GBX Sponsor Firm. The GBX's secure and insured exchange allows for next level wealth generation, mirroring our own mission and efforts at Iconiq Holding."

The ICNQ token will have trading pairs with USD, BTC and ETH to begin with, with additional pairs to be added in the near future.

The GBX-DAX is a digital asset exchange built on institutional-grade best practices and good governance, derived from the capital markets experience gained through the GBX's parent company, the Gibraltar Stock Exchange (GSX), an EU-regulated stock exchange. With the goal of creating the most professional and secure trading environment possible, the GBX-DAX platform has been designed to be highly intuitive and easy to use while incorporating strict verification requirements to the listing of a wide range of assets.

"We are in the midst of a sustained phase of activity, with a range of high-profile token additions such as XLM and XRP to the GBX-DAX so far in 2019, strengthening our position as a world-class cryptocurrency exchange. We operate in a dynamic, fast-paced environment, and are determined to set the highest standards in speed and efficiency by evolving in tandem with the industry, while continuously adding value to our platform," concluded Cowan.

For more information, visit https://iconiqlab.com.

Media Contact:

Liam Murphy
Senior Account Supervisor, Wachsman
+353 87 119 2107
liam@wachsman.com

Patrick Lowry
CEO, Iconiq Holding
contact@iconiqlab.com

About the GBX

The Gibraltar Blockchain Exchange (GBX) is a world-leading institutional-grade token sale platform and Digital Asset Exchange that is a part of the GSX Group, which also includes the Gibraltar Stock Exchange (GSX), a European Union (EU) regulated stock exchange. The GBX is a global listing and token sales springboard for utility tokens that have satisfied a strict due diligence and admissions process as well as a high-quality Digital Asset Exchange. The GBX is setting a higher standard for token issuance and trading through best practices and good governance, for the benefit of all market participants. The GBX received its full Distributed  Ledger Technology (DLT) Licence from the Gibraltar Financial Services Commission (GFSC) in November 2018.

About Iconiq Holding

Iconiq Holding is a global crypto asset management firm headquartered in Frankfurt, Germany with offices in London and New York. Iconiq Holding launched Iconiq Lab, the world's first decentralized venture capital group and token sale accelerator program, in early 2017 and is issuing a series of crypto asset index funds under the Iconiq Funds brand. Iconiq Holding is the developer of the crypto asset management platform, AMaaS, as well as an authorized Sponsor Firm of the Gibraltar Blockchain Exchange (GBX) and the issuer of the ICNQ token.

SOURCE Iconiq Lab