Genesis Block is pleased to announce a new strategic collaboration between our broker-dealer affiliate, GB Capital Markets Inc., and BlockEx, a digital asset exchange provider for institutional-grade financial markets participants. The two companies have joined forces to provide issuers with access to the BlockExMarkets.com exchange platform in order to accept U.S. institutional customers in a compliant manner. Under the agreement, BlockEx will offer its technology to European Initial Coin Offerings (ICOs) that want to access U.S. accredited investors through GB Capital Markets, a FINRA-registered broker-dealer.
“We are delighted that the European market for ICOs and other digital asset tokens will now be open to U.S. purchasers in a way that is compliant with U.S. law,” says Adam Leonard, CEO of BlockEx. “We expect the service to be available within 90 days.”
Scott Rothman, president of GB Capital Markets, adds, “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 U.S.”