The Gibraltar Stock Exchange (GSX) sponsored the 23rd annual Global ABS conference, at the Centre Convencions Internacional Barcelona, Spain. Over 3000+ attendees visited the three day event, with a wide range of keynote speeches and panel discussions on topics ranging from markets & regulation to blockchain & tokenised securities.

The GSX sent a full team of Business Development Managers, promoting GSX as the low-cost, speed-to-market choice for issuers in both traditional, and digital debt securities and funds, being the first stock exchange globally able to offer a listing of tokenised securities. There were a host of companies present, including: Deloitte, J.P.Morgan, Morgan Stanley, Barclays, Citi, ING, Goldman Sachs amongst many others.

The GSX booth received a huge influx of interest from passing attendees, who were keen to understand more on the opportunities presented by blockchain technology, and how the STACS Network could transform capital markets. The team gathered over 100 enquiries from interested parties in our listing services and future ambitions as an exchange.

Nick Cowan, the CEO of GSX Group accompanied the team to Barcelona, and had the opportunity to speak on a panel discussion titled: “Tokenised Securities, What Does it All Mean?”. Nick shared the stage with: Michael Pinkus, Chief Financial Officer, Bitbond GmbH, Malcolm Falzon, Partner, Camilleri Preziosi Advocates, FinanceMalta, Philip Rutovitz, Director, Client Services, TMF Structured Finance Services B.V. and chaired by Michael Huertas, Partner, Dentons Europe LLP.

During the discussion Nick spoke on the immense potential of utilising blockchain technology to transform the capital markets, highlighting multiple use cases, such as:

“We have a use-case today of a very high profile VC fund, they want to issue their token, we are structuring the smart contract, issuing the token, and bringing it on to our trading venue. You’re turning something that is historically illiquid, into something that is actually a transferable security, captured by securities legislation, which can generate that liquidity and it’s happening right now, and you’re going to see this accelerate over the next few years.”

The conference overall, was a huge success for the GSX team. We would like to thank the organisers and everyone who came up to the booth to speak, and we look forward to future Global ABS events.

You can find out about how the GSX Group are bringing about a new era of blockchain powered finance by visiting: www.gsxgroup.gi