Triay’s Corporate and Commercial team have advised Cyberhub Fintech Holdings (Cyberhub) on the Gibraltar law aspects of its investment in GSX Group Limited (GSX), the parent company of GSX Limited, which operates the Gibraltar Stock Exchange. Cyberhub is part of the Broctagon Group; a leading Asian fintech firm.
The Gibraltar Stock Exchange, which added a welcomed addition to Gibraltar’s offering as a finance centre since it opened its doors in 2014, has continued to develop and expand its services. This latest investment demonstrates its commitment to continually expand its capital markets network. The investment will alsohelp to serve its ambition to become the first regulated exchange to integrate the use of blockchain technology (a regulatory regime for distributed ledger technology is expected to come into force in Gibraltar in early 2018).
The Triay team was led by senior associate John Virgo, who was assisted by associate Chris Davis.
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This document has been issued on the 08th Sep 2017 by Triay Lawyers Limited, trading as Triay Lawyers, a Gibraltar private company limited by shares with registered office at 28 Irish Town, Gibraltar, GX11 1AA and with incorporation number 112599. The information in this document is for general information purposes only and does not constitute professional advice, legal or otherwise and does not intend to be comprehensive. Triay Lawyers does not accept responsibility for any loss that may arise from accessing or relying upon the information contained in this document.
There is seldom much change in Gibraltar Property Law. However, in recent months there have been some material updates which we would like to highlight as follows