Completely saved in Switzerland
Swiss-based regulated Crypto issuer Swissgold Crypto AG makes gold bars immediately accessible on the blockchain.
ZUG, SWITZERLAND, October 12, 2023 /EINPresswire.com/ — Swiss-based regulated Crypto issuer Swissgold Crypto AG makes gold bars immediately accessible on the blockchain.
The Swissgold tokens come as Non-fungible Tokens (NFT) which are immediately backed by a bodily gold bar. Gold hodlers can select between completely different bar sizes to go well with any price range. The smallest 1 gram bar prices round $60, together with the small bar premium. Additional bars can be found from 10 grams as much as 1 kilogram, and for giant budgets there’s additionally the 400 ounce bar.
Swissgold works with the famend European valuable metals firm philoro for the provide and storage of gold. The most recent product contains additionally Inexperienced Gold – gold whose origin is totally documented and independently validated. Inexperienced Gold is sourced solely from mines that adhere to the highest requirements of environmental safety, well being and security, and human rights of their workforce.
The gold is saved completely in Switzerland in high-security vaults and every token holder can declare their bar at any time.
“The benefit of Swissgold NFTs”, says Co-founder Carole Hofmann, “is that the tokens issued are immediately linked to the backed bars by way of the serial quantity. It is at all times clear which bar is yours.”
Swissgold NFTs are issued on the Ethereum blockchain and might be held with any suitable pockets, like all NFT.
“It is a simple solution to begin investing in gold or holding your gold allocation digitally, quite than via a financial institution or different institutional gatekeeper, whereas being certain that the gold is there”, says Carole Hofmann.
Swissgold would not cost a storage charge –”we’ve got superb circumstances for storage” says Carole Hofmann. “We cost a transaction charge on the gold bar worth, which is our margin.”
Swissgold has been rolled out their NFT merchandise in February 2023 and is repeatedly increasing the investor base. “We additionally provide tokenization providers for household workplaces or personal traders who need to transfer their gold into the decentralized house and keep away from banks and storage fees”, says Dr. Leo Schrutt, Chairman of Swissgold Crypto AG and former Government Board Member at Julius Baer, the third-largest Financial institution in Switzerland.
Swissgold NFTs can be found from https://www.swissgold.io
Swissgold accepts a variety of crypto currencies and fiat currencies.
About Swissgold Crypto AG
Swissgold Crypto AG, primarily based in the Crypto Valley Zug, is a Swiss-regulated monetary middleman and gives easy accessibility to buy gold in varied bar sizes as a non-fungible token (NFT), which is tradable by way of the blockchain and might be exchanged for the bodily backed bar at any time.
Carole Hofmann
Swissgold Crypto AG
+41 78 714 14 33
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Rajneesh Singh is a journalist at Asian News, specializing in entertainment, culture, international affairs, and financial technology. With a keen eye for the latest trends and developments, he delivers fresh, insightful perspectives to his audience. Rajneesh’s passion for storytelling and thorough reporting has established him as a trusted voice in the industry.
