Good Delivery Refinery introduces tokenized gold and silver on the blockchain
Five precious metal dealers working with SEMPSA JP are selling tGOLD and tSILVER tokens to the broader retail market through their e-commerce stores. The refinery symbolized an initial allocation of 3 kg. gold and 25 kg. of silver bullion using the Aurus blockchain protocol.
Aurus is a decentralized global software platform that tokenization of precious metals on the blockchain. tGOLD and tSILVER tokens are backed by one gram of 99.99% gold and 99.9% silver, respectively.
Free of recurring storage fees, Aurus tokens offer investors a convenient and affordable alternative to physical bullion, with the added benefits of instant settlements and real-time 24/7 trading from any mobile device.
tGOLD and tSILVER are now available from:
● Andorrano Joyería (Barcelona, Bilbao)
● CIODE (Madrid)
● InverMoneda (Málaga, Cádiz, Madrid, Barcelona, Seville)
● Oro Express (Madrid)
● Oro Hispanica (Madrid)
All five bullion dealers offer physical redemption services, allowing customers to redeem tGOLD and tSILVER tokens for physical bullion bars and coins at any time.
tGOLD and tSILVER tokens are now available here.
“At SEMPSA JP, we always strive to innovate across the entire precious metals production value chain and work with our clientele to offer the best products. By partnering with Aurus, we are now facilitating access to SEMPSA JP gold and silver bars in a highly secure, portable, divisible and liquid form. We are excited to lead the adoption of secure technologies like blockchain and help accelerate the digital transformation of the precious metals industry.”
– Francisco Espinosa, CEO of SEMPSA JP.
“Together with SEMPSA JP, we are proud to advance the accessibility and usability of precious metals for the mass market by leveraging blockchain technology. Now anyone can buy, store and trade gold and silver 24/7 at minimal cost. This partnership massively supports our vision to create a more inclusive and efficient precious metals market.”
– Guido van Stijn, CEO at Aurus.
About SEMPSA JP
SEMPSA JP was founded in 1920 and is part of the Heimerle+Meule Group. It is the oldest refinery in Spain and a trusted supplier of precious metals to mints, dealers and jewelers worldwide. It is the only Spanish company with LBMA Good Delivery certificates for both gold and silver and a pioneer in the refining, metallurgical engineering and processing of precious metals.
SEMPSA JP offers a variety of fine metals, coin blanks and alloys in multiple formats as well as customized products and full support to its global customer network.
Aurus is the decentralized blockchain infrastructure that enables gold, silver and platinum-linked digital assets, creating a more inclusive and efficient precious metals market. The Aurus ecosystem is a highly scalable, autonomous network of precious metals companies that independently mint and distribute gold, silver and platinum-backed tokens worldwide.
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