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Report: Perth Mint Faces $9 Billion Recall From China Over ‘Doped’ Gold Scandal
7.3.2023
Perth Mint, Australia’s official bullion mint, currently faces a $9 billion recall from China for allegedly selling “doped” bullion and attempting to cover it up, as reported by Australia’s ABC News. The practice of doping gold involves adding impure ore like silver to...
Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol
23.11.2022
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.”...
Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums
23.3.2022
While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in...
2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months
25.1.2022
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion...
Perth Mint to Launch Blockchain-powered Gold Supply Product in 2021
29.7.2020
Australia’s leading precious metals refinery, Perth Mint, and the Israeli blockchain technology company Security Matters have teamed up to launch what they call a mine-to-marketplace ethical gold supply chain solution.
The companies said the solution will be run by a joint venture named trueGold...
Australia’s Perth Mint Launches First-Ever Sovereign Gold Crypto Token
11.10.2019
Australian government-owned Perth Mint has launched a gold crypto token. An InfiniGold Precious metal digitation company supported the launch. The launch is said to be an initiative to digitize its gold assets. This accreditation certification is issued by Perth Mint and is guaranteed by...
Major Refinery Perth Mint Unveils Government Gold-backed Token
11.10.2019
Perth Mint, InfiGold Launch Gold-Backed Token on Public Blockchain
11.10.2019
The Perth Mint and InfiGold have jointly launched a digital token pegged 1:1 with GoldPass certificates