Dmitrij Pruglo, the Founder and CEO of COVESTING, visited Gibraltar as a guest speaker at the TokenMarket 2018 conference. The visit provided a great opportunity to meet with Albert Isola, Gibraltar Government’s Minister for Commerce, and discuss the company’s plans for their Gibraltar venture. COVESTING has submitted an application under the DLT Regulatory Framework and has established a presence in Gibraltar.
COVESTING’s move to Gibraltar has been as a result of the jurisdiction’s DLT legal framework and the support ecosystem being developed around this innovative sector. The firm appreciates the significant benefits of operating within a regulated framework in a business friendly environment and with readily available legal and technical skills. Subject to the successful completion of the licensing process, COVESTING intends to provide a secure and legally compliant platform in the cryptocurrency industry. In a further show of the firm’s commitment to the jurisdiction, the Founders will be relocating to Gibraltar to personally drive the business forward in their new home.
COVESTING is in the process of developing a complete infrastructure for cryptocurrency investors and traders. Users will be able to receive education in cryptocurrency trading, information on market analysis and enjoy copy-trading facilities. The COVESTING infrastructure includes four elements: Trading Terminal, Liquidity aggregation, Copy-Trading platform and Crypto Intelligence portal.
Also in attendance at the meeting was Anthony Provasoli; COVESTING are advised by Hassans International Law Firm in Gibraltar.
