LONDON — An auxiliary of the Gibraltar Stock Exchange (GSX) is wanting to raise $6 million issuing its own advanced money as the British abroad region hopes to exploit detonating worldwide enthusiasm for cryptographic forms of money.

The Gibraltar Blockchain Exchange (GBX), a backup of the stock trade administrator, declared plans for its own "underlying coin offering" (ICO) on Tuesday, saying it will issue its own particular digital money, "Shake Token," between February 7 and February 14.