GLOBCOIN was established as a Swiss-based cryptocurrency project to create a more stable digital currency. The company's core offering was the GLOBCOIN Crypto Platform (GCP), a stablecoin backed by a reserve basket of the world's top 15 fiat currencies and gold. Alongside the GCP stablecoin, they issued a utility token, GLX, which was intended to be used for transactions and to grant holders voting rights on the platform's governance. The project held an Initial Coin Offering (ICO) in 2018 but has shown no significant development, community engagement, or updates since approximately 2019, and its token (GLX) has minimal to no trading volume on exchanges, indicating the project is dormant or has been abandoned.

Founded in

United Kingdom