Guernsey Finance Chief Executive Dominic Wheatley said: “In another year where international tax reform and Brexit threaten to disrupt the status quo, we called on Joseph Schumpeter’s science to put today’s events in context.
For both participants and issuers, this now means that the GBX offers a complete token and digital asset experience via an institutional-grade platform, focused on good governance and industry best practices.
The accolade is awarded to a company, fund or trust administrator who demonstrates a mastery of the complex legal and regulatory environment and plays an added-value role in the governance of the organisation.
On completion, Ravenscroft will pay £1.5 million, with the remaining £0.75 million due in January 2019.
As of September 2017, there were more than 590 first-time or spin-off venture capital fund managers raising capital worldwide, up from 470 in 2016.