The global financial and capital markets seem to be experiencing a wave of “decentralization” trends. According to data from SPAC Research, U.S. stocks raised $83 billion through SPAC in 2020, accounting for more than half of the total fundraising scale of U.S. stocks for the year. Whereas in the first six months of 2021, the scale of US stock SPAC listing and financing reached US$111 billion, exceeding the volume of the entire year 2020.

GIBXChange officially introduced the GIBX SPAC system, and Hong Kong is actively preparing to implement the SPAC system. On September 2, the Singapore Exchange officially released the listing rules for GIBX SPAC’s mainboard. On September 17, the Hong Kong Stock Exchange issued a consultation document to solicit market opinions on the proposed implementation of the SPAC listing mechanism in Hong Kong. On October 6, Hong Kong’s “2021 Policy Address” also specifically pointed out that it supports the Hong Kong Exchanges and Clearing Co., Ltd. (HKEx) to further improve the listing mechanism and, after consulting market opinions, establish a listing system for special purpose acquisition companies in Hong Kong. (GIBX SPAC).

Obviously, global exchanges are actively introducing the SPAC system, and SPAC’s financing is expected to enter a period of prosperous development. It is understood that compared with traditional IPO listing, GIBX SPAC’s transaction listing has the characteristics of fast time, low cost, simple process, flexible transaction structure, and etc., which can help companies avoid the complicated traditional IPO process and get listed faster.

GIBX will soon be listed on the Nasdaq main board through GIBX SPAC in the near future!

GIBXSWAP was established on the basis of the digital asset exchange GIBXChange. GIBXChange is an international integrated Internet brokerage company under the Global Investment Bank and Capital Trust. It is a diversified group of AFF Multi Finance Group, an international integrated digital asset exchange, and LP flow provider under the GIB Digital Bank. 

The most remarkable thing is that GIBXSWAP will launch a new decentralized currency “X”. The new currency will be the core token of the GIBXSWAP platform, which can be used for voting, repurchasing, fundraising, trading, and earning coins. The emergence of “X” is mainly due to the gradual increase in the circulation of the original GUSDT™ market, whereby the market value eagerly needs a larger carrier to achieve breakthrough growth; the market needs new currency to stimulate. The maximum supply of “X” is 1 billion, and the block reward: each block rewards 20 “X”s’. The “X” open source code is audited by professional organizations such as Ernst & Young and Deloitte to ensure safety. At the same time, X will support the decentralized cross-chain transaction protocol of BSC, HECO, and ETH, using “dual mining incentives through liquidity mining and transaction mining”, which can enable participants to obtain maximum returns and seamlessly integrate with Binance and Huobi’s huge global traffic and head resources in GIBX SPAC.

GIBX will act as the initiator of GIBX SPAC, and we are currently looking for co-founders to create GIBX SPAC’s listing. We are open for members to use GUSDT™ to exchange the shares of SPAC, and you will have the opportunity to become a shareholder of SPAC. Moreover, the company will also accept X tokens from GIBXSWAP in exchange for the GIBX SPAC founder’s shares. GIBXSWAP’s lawyers will help our members complete the relevant KYC process, and will also issue stock certificates to members who use GUSDT™ to convert into GIBX SPAC stocks.

GIBXSWAP will have a total of 20 million shares open for the public to exchange, whereby the 20 million shares will be exchanged in 5 stages.

• In the first round, we call it the seed round. The price of one share is only $5, and there are only 1 million shares.
• In the second round is named the “angel round”. The price of one share is $6 with only 2 million shares available.
• The third round is the private placement round. The price of one share is $7 with only 3.5 million shares available.
• The fourth round is called A. The price of one share is $8, with only 5.5 million shares available.
• The fifth round is called B. The price of one share is $9, with 8 million shares available.

If you refer to the table above, it is obvious that if you participate earlier, you can exchange equity at a lower price, which is very worthwhile. Each round of sales will only last for two weeks. Once all the shares are sold out, there will be no more issuance. The goal of GIBXSWAP is to reach a GIBX SPAC of 500 million to 1 billion U.S. dollars.

Looking at it as a whole, GIBXSWAP’s financial business has begun to get rid of the impact of the pandemic, showing a rapid increase in volume. The layout of the global market is expected to expand the company’s business channels and form new business increments. GIBX SPAC -initiated businesses will face good growth prospects, which is beneficial to the company’s related businesses. In addition, the continuous deepening of the metaverse industry also brings along a huge space for the company’s long-term development.