Lon Wong who spearheads ProximaX Ltd., was the former President and founding member of the billion dollar NEM.io Foundation Ltd., an international organization that oversees the promotion and development of the highly ranked NEM blockchain technology project.

ProximaX is an advanced extension of the NEM Blockchain with utility rich services and protocols. The ProximaX solution allows businesses and innovators to avoid costly and failure prone centralized architecture by utilizing an all-in-one decentralized sustainable platform to manage immutable and irreversible, timestamped content delivery, data storage, and media streaming solutions.

Minister Isola welcomes international firm eToro to Gibraltar

Minister for Commerce, Albert Isola, held a meeting this morning in New York with Yoni Assia, Founder and CEO of eToro. Mr Assia was also speaking at the NY Consensus event this week and updated Minister Isola on the progress of their plans to establish themselves in Gibraltar. Also present at the meeting were Iqbal Gandham, MD for eToro UK, Anthony Provasoli and Vikram Nagrani of Hassans and Paul Astengo, Co-Chair of the DLT Working Group who leads on technology initiatives for Gibraltar Finance.

The eToro management team were in Gibraltar last week for meetings with the Gibraltar Financial Services Commission (GFSC) and took the opportunity to meet with Chief Minister Fabian Picardo QC and Minster Isola. eToro shared their exciting plans, which are at an advanced stage, to expand their business into Gibraltar. A decision taken as a result of the DLT Regulatory framework and regulations that came into force in January 2018. The visit provided a great opportunity to extend a warm welcome to representatives of this global firm including Elad Lavi, Head of Corporate Development and Avi Sela, COO.