WGC issues tokens backed by gold


The World Gold Council (WGC), together with the Swiss DLT infrastructure and application provider aXedras Group, plans to issue tokens for investors backed by the main precious metal – gold.

A platform that will allow tracking gold bars on a global level will be created on the basis of the WGC blockchain.

According to David Tait, who heads the World Council, thanks to this initiative, gold trading will become more accessible to all classes of investors, including retail ones.

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