GSX Group Limited, the parent of GSX Limited, which operates the Gibraltar Stock Exchange, is pleased to announce a new shareholder, Cyberhub Fintech Holdings Limited.
Commenting on the transaction, Nick Cowan, MD of GSX said: “We are delighted to have Cyberhub Fintech as part of our group. The transaction clearly demonstrates high confidence in the jurisdiction, despite Brexit, as well as recognition of the Government of Gibraltar’s and the Gibraltar Financial Services Commission’s initiatives to establish Gibraltar as a global fintech hub. Our operational influence and network now extends to Hong Kong and Singapore and we look forward to working with Ben and the team to establish and grow an Asian-European capital markets pathway.”
Benjamin Soh, Chairman of Cyberhub Fintech, expressed that: “During my numerous visits to Gibraltar this year, I have been deeply impressed by the vision and commitment shown by the Government, the proactivity shown by the regulator and the warm welcome offered to me by all Gibraltar stakeholders. I am incredibly excited for us to now be actively involved in the Gibraltar Stock Exchange’s plans to establish itself as the next generation global exchange.”