GLX Coin now listed on the Lykke Exchange

Lykke is listing GLOBCOIN’s GLX coin.

As of today, Lykke listed Globcoins GLX. This marks the second solution launched by Lykke this week in the service of #HODL users, following the earlier launch of LyCI Service Token.

The GLX tracks a basket of the world’s top 15 currencies together with gold, thus being a stablecoin and a universal means of payment today. As GLX is not based on any one single fiat currency, but across 15 currencies, it truly represents the World Economy. Beyond its use as payment token, the GLX also represents a powerful hedging tool either against crypto volatility (it has proven to be more stable than the Swiss Franc) or to traditional fiat investors looking for a safe haven.

Lykke has already successfully listed another asset issued by our Swiss partner Globcoin.io — the utility token ‘GCP’, which is also available for the Lykke community along with GLX. “Lykke has a high reputation in the industry for their seriousness and their professionalism” expressed Helie d’Hautefort, Globcoin CEO. The GCP gives special access to the GLX — currency and gold basket available on the GLOBCOIN platform. The GLX enables high-speed, low-cost, truly global payments.

What are the main characteristics of GLX?

100% pegged: tied to the underlying components on a 1 X 1 ratio. The currencies will be held in custody at a Tier 1 bank.

Performance-stable: Linked to a proven model: the GRCI.

Reflective of the world economy: a valid Global Coin based on the 15 largest economies (GDP*), adjusted by Purchasing Power Parity (PPP).

Visit Globcoin.io’s website for more information about GLX.

About Lykke Exchange.

Lykke is an international, Swiss-based company building a global marketplace for the free exchange of financial assets. Lykke’s mission is to democratize finance by leveraging the power of the blockchain.

Lykke is registered under the Swiss law, the company offices are located in Zug and Zurich, however Lykke products and services are available globally with some country restrictions.

We offer our clients a wide range of digitized assets: cryptocurrencies, more than 20 fiat currencies, commodities, Lykke LKK coin and LyCI utility Service token. By buying the latter, the user gets the right to require Lykke to buy for her/him the 25 constituents of the LyCI Crypto Index.