Valereum buys Gibraltar Stock Exchange to create crypto hub


FILE PHOTO Representations of the Ripple Bitcoin Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture February 14 2018. REUTERSDado RuvicIllustrationFile Photo

FILE PHOTO: Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual currencies are seen on a PC motherboard in this illustration picture, February 14, 2018. REUTERS/Dado Ruvic/Illustration/File Photo

LONDON (Reuters) - Blockchain company Valereum said on Friday it would buy 90% of the Gibraltar Stock Exchange (GSX) to create the world's first bourse where shares and cryptoassets can be traded.

Valereum, listed on London's Aquis Exchange, said it will need approval from Gibraltar regulators to allow listed instruments on the GSX access to a regulated pool of crypto capital.

Subscribe now and get 30% off The Star Yearly Plan

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.


Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read


Want to listen to full audio?

Unlock unlimited access to enjoy personalise features on the TheStar.com.my

Already a subscriber? Log In