This offering combines the liquidity of innovative blockchain technology with the stability of gold and Switzerland as a trustworthy and safe jurisdiction.
ZUG, SWITZERLAND, February 17, 2023 /EINPresswire.com/ — Zug-domiciled Swissgold Crypto AG has launched the first gold bar-backed non-fungible tokens, or NFTs, from Switzerland.
The tokens represent the ownership of the backed physical gold bars, which are stored in two high-security warehouses in Switzerland at philoro, one of Europe’s largest gold dealers. Each token holder has the right to demand the delivery of the backed gold bar at Swissgold at any time.
The Swissgold NFTs are available with gold bars from 1 gram up to 400 ounces (approx. 12.4 kg). Each NFT carries a unique identification as well as the serial number of the backed gold bar. Each NFT also comes with a classic NFT image and 3D model with the serial number of the gold bar. The NFTs are issued on the Ethereum Blockchain and can be held using a com-patible…