A new gold-backed token, NatGold, is building infrastructure to unlock the world’s $20 trillion in hidden gold reserves without mining a single ounce. The token has already seen 15,000 investors from over 100 countries reserve $137 million worth of tokens before its global trading begins.
SEC Commissioner Hester Peirce recently expressed openness to working with firms looking to tokenize assets, which is a growing trend as financial institutions worldwide aim to digitize everything from stocks to bonds to real estate. The tokenized asset market is projected to hit $2 trillion by 2030, according to McKinsey.
NatGold merges the benefits of gold and blockchain, offering permanence, digital utility, and scalability without environmental or social costs. It’s a crypto commodity backed by real, certified gold secured by blockchain and built on 11 patents pending.
The token digitally mines value from proven reserves, unlocking gold’s worth without disturbing the ground. Investors hold real value without intermediaries, vaults, or risk of dilution. NatGold is led by seasoned professionals with experience in mining, finance, and security.
With regulators signaling openness to tokenization and institutions preparing for a $30.1 trillion wave of digitized assets, NatGold is already operational with 15,000 early participants and $137 million in pre-market demand.
Source: https://www.barchart.com/story/news/35254091/paramount-buys-website-the-free-press-and-installs-founder-bari-weiss-as-the-editor-in-chief-of-cbs-news