Is Poundtoken legal? – Katoch Tubes

Poundtoken stablecoin

Poundtoken stablecoin

What is Poundtoken?

Poundtoken is the first British regulated stablecoin that work like USDT but pegged to GBP. In short 1 GBPT = 1 GBP and yes  its a verified news.

Who created  Poundtoken?

Poundtoken is created & launched by Blackfridge SC Ltd. Its a Fintech company based in Isle of Man. It was launched on 11th July 2022

Quick Info:

1. Ticker: GBPT 2. Creator: Blackfridge 3. Backed by: GBP (fiat) 4. Auditor: KPMG 5. Web: Also check -

100% GBP backed

By nature and design, GBPT is 100% backed by fiat money stored in the bank. Holder can redeem equal value of GBP against GBPT issued

Is Poundtoken legal?

Yes. Blackfridge SC Ltd is legally registered with Isle of Man Financial Service Authority, licensed by British financial regulators.

How to buy GBPT?

GBPT stablecoin can be bought from UniSwap, & Bittrex. It will be available soon on other exchanges

Is Poundtoken a good investment?

Stablecoins are not a good investment. They don't appreciate in value. GBPT is used as hedge against volatility & also for asset withdrawal.

GBPT Competitors

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