RATE Group | GoldFund.io (CRYPTO:GFUN) Adds Perth Mint Gold Token to Tradeable Cryptocurrencies
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GoldFund.io (CRYPTO:GFUN) Adds Perth Mint Gold Token to Tradeable Cryptocurrencies

13 May GoldFund.io (CRYPTO:GFUN) Adds Perth Mint Gold Token to Tradeable Cryptocurrencies

Posted at 06:35h in Cryptocurrency News by

Sydney, Australia (ABN Newswire) – GoldFund.io (CRYPTO:GFUN) announces the addition of the Perth Mint Gold Token (CRYPTO:PMGT) to its list of tradeable cryptocurrency tokens on the GoldFund.io exchange.

The Perth Mint Gold Token (PMGT) is the first digital gold token on a public blockchain ultimately backed by government guaranteed gold.

Each digital token is issued by InfiniGold and backed by physical gold held by The Perth Mint.

How is PMGT backed by physical gold?

The Perth Mint is the custodian of the physical gold which ultimately backs each PMGT. Each token is backed 1:1 by a GoldPass digital gold certificate issued by The Perth Mint. Each digital gold certificate is in turn 100% backed by physical gold stored securely in The Perth Mint’s vaults and guaranteed by the Government of Western Australia.

GoldPass is a Perth Mint app which allows investors to instantly and securely buy, sell and transfer physical gold via digital certificates that are 100% backed by physical gold…

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