Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm – Bitcoin News

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Gibraltar Stock Exchange Receives Purchase Proposal by Blockchain Firm – Bitcoin News
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The main bourse of the British territory, the Gibraltar Stock Exchange, has received a purchase offer from Valereum, a blockchain firm.

an option for this acquisition back in October, where the company announced its intention of completing this deal. However, the details of the acquisition had not been released to the public. The option reveal document states:The exercise of the Option and the acquisition of 80% of the GSX are subject to approval by the Gibraltar Financial Services Commission .

The possible approval of the deal by regulators of the country has caused a series of reactions from experts and people observing the outcome. Richard Poulden, chairman of Valereum, is extremely positive about the deal, and has stated that this is a step in the evolution of digital assets in their way of becoming tradeable at a worldwide scale. However, not all are so optimistic about this probable deal.

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