Thu, Oct 17, 2019
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

STRYKZ Token to be issued through Gibraltar Blockchain Exchange

Thursday, May 24, 2018
Opalesque Industry Update - Stryking Entertainment GmbH is pleased to announce that they will host their upcoming STRYKZ Token Sale Event in collaboration with the Gibraltar Blockchain Exchange (GBX). Stryking will be among the first companies to issue a token through the GBX GRID, with the token being listed on the GBX Exchange after the end of the public sale. The public Token Sale Event is intended to start on 15. June 2018 alongside the FIFA World Cup, and aims to raise a maximum of 20 m USD.

Stryking is the developer and operator of the Fantasy Sports platform Football-Stars. With the introduction of STRYKZ, Stryking aims to tokenize their platform to create a more user-centric gaming experience. Besides an official Bundesliga license and partnerships with the German football magazine kicker and, Stryking recently presented football legend Luís Figo as the first official brand ambassador for Football-Stars. After having completed the rigorous application, with TGV as a Sponsor Firm, this collaboration marks the next milestone in Stryking's token sale journey.

The Gibraltar Blockchain Exchange is a subsidiary of the Gibraltar Stock Exchange (GSX), a EUregulated stock exchange. Earlier this year, the GBX attracted a lot of attention with their own token sale, raising over $21 million in their pre-sale and selling out within 9 seconds during their general public sale. The GBX is striving to build a world-leading institutional-grade token sale platform operated by a licensed stock exchange, where companies, traders and investors can participate. With a set of rules for launching a token sale, the GBX is creating a new industry standard for the conduct of issuers and their continuing obligations to the holders of their tokens, thus cementing the responsibility of token issuers to fulfill the commitments they make in their white papers.

Dirk Weyel, Founder and CEO of Stryking, said: "We are glad to join the Gibraltar Blockchain Exchange platform to host our upcoming STRYKZ Token Sale Event. It is a great opportunity for us to use the existing network and best practices of the GBX's institutional-grade platform. We firmly believe that certain due-diligence and background checks are beneficial for the crypto community, as they act as an additional security to increase the trust of potential token buyers."

"At GBX we're building a listing environment based on best-practices and industry-standards inherited from the GSX. We want to give token buyers the peace of mind that all projects they see on our exchange have gone through our vetting by an appointed Sponsor Firm and our rigorous application process. It's a great pleasure to have Stryking on the GBX GRID and we can't wait to see how their award-winning project develops", said Nick Cowan, CEO of GBX.

Dusan Stojanovic, director of True Global Ventures added: "We are proud to be part of Stryking's success story and of the work put in by the Stryking-team and all our partners to make this listing a reality. The GBX is an important strategic partner to TGV and Stryking is one of our most promising investments. This success has obviously not happened out of circumstances but is proof of how the decentralised structure of TGV works, something we will continue to foster in our upcoming tokenised fund. We are looking forward to the upcoming launch of the Stryking ICO and to continue our cooperation with the GBX."

Stryking's recent success streak also includes winning two pitch competitions for token generating events within five days. After landing first place at Bloxpo ( in Stockholm, Sweden, Stryking also won the competition at d10e in Malta, the leading conference on decentralization ( The competition at d10 e was held in front of a high-profile jury and as a shared winner, Stryking has been rewarded with a 25,000 USD cheque.

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Tech: Quantum computing may be closer than expected with 'game changer' discovery[more]

    From Inverse: While quantum computing has long been an exciting notion for scientists and the public alike, the realization of these technologists has long been on hold. But researchers from the Johns Hopkins University have discovered a material that might just fast-track the creation of these, unt

  2. PE/VC: Private-equity deals depress worker wages, study finds, Thoma Bravo to buy Sophos for $3.9bn, Unicorn valuations are fit to burst, warn investors[more]

    Private-equity deals depress worker wages, study finds From Market Watch: Private-equity deals result in worse pay for workers, and, depending on whether the buyout target was public or not, fewer jobs, according to a newly published study. The study of some 6,000 private-equity de

  3. Tech: When AI invests in AI[more]

    From Forbes: The title of this article might sound farfetched to many readers, but keen students of artificial intelligence (AI) know that this is no longer very far away. Since the advent of computers, capital markets have always been at the forefront of technology. Yes, that's right. You may be wo

  4. These hedge funds do better. So why can't they raise more money?[more]

    From Institutional Investor: It's an enduring paradox: hedge funds run by women and minorities outperform their peers - but run less money. Evidence continues to mount that the money investors allocate to minority- and women-controlled hedge funds stands a better than even chance of outperformi

  5. Institutional investors in Canada, U.S., and the U.K are warming to responsible investing, says a survey[more]

    Laxman Pai, Opalesque Asia: The use of environmental, social and governance (ESG) principles by institutional investors in Canada, the US, and the UK is rising according to a new survey. RBC Global Asset Management (RBC GAM)'s annual survey on responsible investing trends found that more