Express

Coinshare releases Gold Backed Coin Today

Ramsey Baker

Summary: Coinshare, the digital asset manager, is adding a new gold backed virtual token DGLD which will be available on the bitcoin blockchain, according to CoinDesk. This team up with precious medal trader MKS (Switzerland) SA has been two years in the making. The network will open up Tuesday with $20 million in gold located in ...

Coinshare, the digital asset manager, is adding a new gold backed virtual token DGLD which will be available on the bitcoin blockchain, according to CoinDesk.

This team up with precious medal trader MKS (Switzerland) SA has been two years in the making. The network will open up Tuesday with $20 million in gold located in a vault in Sweden to back up the tokens. Each DGLD token is backed up by 1/10th troy ounce.

By Ramsey Baker

Last Update:

Tags: ,,
Link: Coinshare releases Gold Backed Coin Today   [Copy]
Next:

Related Articles

  • Silicon Valley Giants, Trump Ally Launch 'Crypto Bank' Erebor, Aiming to Fill SVB Void 22 hours ago
  • From Data Rights to Digital Property: Whistleblower Brittany Kaiser on Blockchain, RWA,... 7 days ago
  • The Base Chain's Ascent: How Deep Coinbase Integration and JPMorgan's Pilot Are Reshapi... 13 days ago
  • Tether in Trouble? U.S. Senate Just Passed a Law That Could Dethrone the $155B Stableco... 16 days ago
  • Justin Sun's Nasdaq Gamble: How Six Years Forged Ties with the Trump Family 17 days ago

    • You need to login to comment.