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(COINTELEGRAPH) The Gibraltar Blockchain Exchange (GBX), which was first announced at the BlockShow Asia conference in November 2017, was launched on July 23, opening up cryptocurrency trading. The GBX, which will ultimately function as a multifaceted ICO and trading ecosystem, currently offers three crypto-to-fiat pairs: Bitcoin (BTC), Ethereum (ETH) and its own Rock (RKT) token to USD.

“The launch comes at a time when the cryptocurrency and token markets are reaching a new stage of maturity,” GBX CEO Nick Cowan said.

The move preempts Gibraltar’s plans to enact formal ICO regulations which could open up the tiny peninsula to a host of ICO activity.