By Kyle Morris

Shares in GSTechnologies Ltd. rose 13% on Monday after the company said it has filed its stablecoin application for admission to the U.K. Financial Conduct Authority Regulatory Sandbox.

The fintech and IT-solutions company said FCA Regulatory Sandbox application is a key pillar of the stablecoin activities that it intends to carry out.

Shares at 0830 GMT were up 0.04 pence at 0.35 pence.

Write to Kyle Morris at kyle.morris@dowjones.com

(END) Dow Jones Newswires

February 20, 2023 03:58 ET (08:58 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
Gstechnologies (LSE:GST)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Gstechnologies Charts.
Gstechnologies (LSE:GST)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Gstechnologies Charts.