CEX.IO was founded in 2013 with a mission to support global financial inclusion through the adoption of cryptocurrency and blockchain technology. As one of the most tenured market participants, with over six million registered users globally, CEX.IO helps retail, enterprise, and institutional customers seize opportunities every day. With some of the best customer reviews of any centralised exchange, and super easy on and off ramping into and out of fiat, it was an obvious venue choice for pound token.

Jonathan Wykes, Managing Director, Listings, commented: “Given our roots as one of the first exchanges in the world, and our commitment to the globalization of crypto, we welcome the chance to add a GBP stablecoin for our users. Stablecoins are an important instrument in the crypto ecosystem, and it makes sense that we see them in denominations other than just USD to allow traders to hedge against FX risk on the chain. Being able to offer a GBP-denominated stablecoin, regulated in the British Isles, with such a focus on transparency and regulation as poundtoken has, could mean a lot to our community.”

CEX.IO has long been a recognized name with retail and institutional traders alike, and has built trust in the crypto community due to its stellar track record of protecting customer funds since its 2013 founding.

Christian Walker, Head of Partnerships at pound token, adds: “CEX.IO has remained high on our list of target exchanges given its top 10 Kaiko score and its breadth of products across retail and institutional trading platforms. Their mission of providing a gateway into the world of an open financial system aligns with our mission of bridging the gap between traditional finance and the blockchain. We see the genuine utility in blockchain payment rails, and we see CEX.IO as a perfect trusted partner for our clients to acquire, liquidate, hold and trade GBPT.”

For more information on CEX.IO please see: cex.io
For more information on poundtoken, please see: poundtoken.io