BlockEx, the digital asset exchange provider for institutional-grade financial market participants, has announced a new partnership with GB Capital Markets to provide issuers access to the BlockExMarkets.com exchange platform in order to accept US institutional customers in a compliant manner.
Under the agreement, BlockEx will offer its technology to European Initial Coin Offerings (ICOs) that want to access US accredited investors through GBCM, a FINRA-registered broker-dealer.
Adam Leonard, CEO at BlockEx said: “We are delighted that the European market for ICOs and other digital asset tokens will now be open to US purchasers in a way that is compliant with US law. We expect the service to be available within 90 days.”
Scott Rothman, President at GBCM, added: “Both GB Capital Markets and BlockEx believe that the market for digital assets should be well regulated, and we’re happy to partner to bring this to the US.”