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3232Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol
https://www.digit.info/dubai-multi-commodities-centre-to-issue-gold-backed-tokens-using-the-xinfin-blockchain-protocol/
Wed, 23 Nov 2022 19:00:39 +0000https://www.digit.info/2022/11/23/dubai-multi-commodities-centre-to-issue-gold-backed-tokens-using-the-xinfin-blockchain-protocol/Read more]]>The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC Tradeflow-registered gold bars, and each tokenized gold bar “will be backed by a Tradeflow warrant.” DMCC to Digitize Tradeflow-Registered Gold Bars via […]
]]>Precious Metals Firm Kitco Launches Gold-Backed Tokens Built on Ethereum
https://www.digit.info/precious-metals-firm-kitco-launches-gold-backed-tokens-built-on-ethereum/
Thu, 05 Aug 2021 19:45:49 +0000https://www.digit.info/2021/08/05/precious-metals-firm-kitco-launches-gold-backed-tokens-built-on-ethereum/Read more]]>On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization provider. The gold-backed ERC20 tokens called “kitco gold (KGLD)” “represent one […]
The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC Tradeflow-registered gold bars, and each tokenized gold bar “will be backed by a Tradeflow warrant.” DMCC to Digitize Tradeflow-Registered Gold Bars via […]
On August 4, the precious metals firm Kitco Gold announced the launch of a gold-backed stablecoin which will leverage an audit process via Cohen & Company with monthly attestation reports. Kitco has partnered with Tradewind Markets, First Digital Trust, and Stably, an asset tokenization provider. The gold-backed ERC20 tokens called “kitco gold (KGLD)” “represent one […]