“This represents the first step in bringing traditional gold retailers into the space. This is the future, and we are excited that Silver Gold Bullion has taken this leap of faith into the crypto space with us.”
“We are at a unique period within the gold and silver space and are excited for our upcoming cycle in the metals. With the explosion in users in the crypto market, Silver Gold Bull has realized that there is a new generation of purchasers and traders that don’t necessarily want the physical redemption of our products. With this said we believe we have found the strongest partner in Digix to open up this market and develop along with our robust platform for delivery and storage of metals. Not only does Digix represent the strongest technology to partner with Silver Gold Bull but it also has management team and ownership, that align with our thinking and strategy for global roll-out of the product.”
Could gold-backed blockchain be the future of money?
Each DGX token represents 1 gram of .9999 London Bullion Market Association (LBMA) approved gold bullion. There is a second token by Digix named DGD. DGD has a 1,000,000 token hard-cap and is the governance token for DGX. You can learn more about Digix in our gold-backed blockchain directory.