08 Sep Triay & Triay advises on strategic GSX Investment
Triay & 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 & Triay team was led by senior associate John Virgo, who was assisted by associate Chris Davis.
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