Company Information

Get to know Globcoin.io

Globcoin was a project launched to create a more stable digital currency for global use. Its core product was the Global Currency Platform (GCP), a stablecoin backed by a reserve basket of the 15 largest global currencies and gold. The company also issued the GLX utility token, which allowed holders to vote on the currency basket's composition. The platform aimed to provide users with a multi-currency account and a linked debit card, enabling seamless international payments and currency exchange while mitigating the volatility of single-currency-pegged stablecoins. Despite raising funds via an ICO in 2018, the project failed to gain traction and has been inactive since approximately 2019.

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Crypto CryptocurrencyPRIMARY
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Globcoin.io

Switzerland

Founded in

2016 (10 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

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Markets.com

(326 reviews)

United States

2008

(18 years)

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.