LONDON, May 25, 2021 /PRNewswire/ -- Online Blockchain
plc (LSE: OBC) – the UK's leading listed blockchain research and
development company - announces the opening of a new office in
The new location is a strategic choice as the company develops
its blockchain operations apace, in particular DeFi Protocol Umbria
Network for which it acts as co-ordinator, adviser and
administrator. Gibraltar offers a
progressive regulatory environment and has gained a reputation as
one of the world's leading administrations for welcoming and
fostering innovation and fintech businesses. This makes
it especially attractive for companies operating within the
blockchain and cryptocurrency sector.
Gibraltar provides its offshore
corporations numerous benefits such as tax-free income and a low
annual renewal fee.
"Online Blockchain is particularly suited to such a benign and
forward-thinking jurisdiction, and can capitalise on the many
opportunities that Gibraltar
affords," said Clem Chambers, CEO of
Online Blockchain plc. "This environment will be a catalyst for
further innovative developments and is the perfect location for the
growth of Umbria, which has just
launched its Layer 2 Decentralised Exchange (DEX)."
Online Blockchain PLC enquiries: Clem Chambers
About Online Blockchain plc (LSE: OBC)
Online Blockchain (www.onlineblockchain.io) is a UK-based
incubator and developer of businesses in internet and
information-based technologies, including developers,
administrators and custodians of blockchains and cryptocurrencies.
The Company created ADVFN www.advfn.com and today still has a
holding of 17.98% in ADVFN plc.
Online Blockchain plc continues to consider new related
opportunities and particularly crypto currencies and
blockchain-based opportunities including incubating cryptocurrency
start-ups and developing technical innovation in the blockchain
space. Led by a team with over two decades of pioneering in tech,
Online Blockchain focuses on innovation in cryptocurrency and
decentralised ecosystems via various applications of blockchain:
incubating cryptocurrency start-ups and developing technical
innovation in the blockchain space.
Contact: Francesca De Franco,
email@example.com, +44 794 125 3135
SOURCE Online Blockchain plc