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About tGOLD
Key Points
- tGOLD (tXAU) is a gold-backed stablecoin on the Ethereum blockchain.
- Each tGOLD token is 1:1 collateralized by 1 gram of 99.99% LBMA-accredited gold.
- 50% of transaction fees are distributed to AurusX (AX) holders.
- tGOLD offers portability, transferability, and liquidity without storage costs.
- tGOLD is created with sustainability in mind, using a decentralized approach to tokenization.
- Holders can earn a yield on their gold holdings by providing liquidity to decentralized exchanges (DEX) trading pools.
About tGOLD: Unlocking the Potential of Digital Assets
Introducing tGOLD (tXAU): A Revolutionary Digital Asset
tGOLD (tXAU) is a gold-backed stablecoin on the Ethereum blockchain, minted by a prestigious network of traders from the traditional gold market. Each tGOLD token is fully collateralized on a 1:1 basis by, and redeemable for, 1 gram of 99.99% LBMA-accredited gold, securely stored in fully audited and insured vaults. Furthermore, 50% of the transaction fees generated by tGOLD are distributed to holders of AurusX (AX).
The Advantages of tGOLD: Unlocking a World of Opportunities
tGOLD is an exceptionally portable, transferable, and liquid digital asset, boasting the benefits of physically allocated gold while circumventing the limitations of restricted transportability and exorbitant storage costs typically associated with it. Instead, it combines the desirable attributes of divisibility, fungibility, and tradability inherent in digital assets, akin to Bitcoin.
Unencumbered by recurring storage or management fees, tGOLD presents a convenient and cost-effective alternative to traditional gold products, offering investors of all sizes the benefits of real-time 24/7 trading, cryptographically secure instant settlements, and a reduced number of intermediaries.
Unveiling the Unparalleled tGOLD: A Trailblazer in the Cryptocurrency Realm
tGOLD (tXAU) was conceived with sustainability at its core. The tokens are minted independently by a global network of reputable precious metals refineries, vaults, and traders that form part of the Aurus Ecosystem. Through its decentralized approach to tokenization, Aurus ensures that the company remains detached from the gold trading and vaulting process, thereby eliminating a single point of failure and safeguarding investors’ interests.
Aurus embodies the decentralized ethos of blockchain, converging with the realm of DeFi. By providing liquidity to decentralized exchanges (DEX) trading pools, holders will soon be able to generate a yield on their gold (tGOLD) holdings, thereby transforming gold into a productive, yield-bearing asset for the first time.
Where to Acquire tGOLD: A Comprehensive Guide
tGOLD can be acquired from a diverse range of Aurus-affiliated exchanges and reputable precious metals dealers, offering a multitude of fiat and cryptocurrency trading pairs. Explore the Aurus Marketplace for more information.
Aurus: The Pinnacle of Gold-Backed Cryptocurrencies
Aurus, the pioneering company behind tGOLD (tXAU), was established in 2018 with a vision to bridge the gap between traditional precious metals businesses and financial institutions, and the innovative realm of DeFi and Web3 applications. The Aurus platform serves as a catalyst, empowering a global network of precious metals providers, vaults, and dealers to independently tokenize physical gold, silver, and platinum bullions into tGOLD, tSILVER, and tPLATINUM, respectively.
Aurus is pioneering a paradigm shift in the precious metals market, striving to create a more inclusive and efficient ecosystem that democratizes access to gold, silver, and platinum for both retail and institutional investors.
Through tGOLD, investors can indulge in:
- Accumulate gold at a fraction above spot market price, with the flexibility to purchase in gram increments.
- Enjoy hassle-free storage, carrying any amount of gold securely in your digital wallet, accessible from your pocket.
- Experience seamless transactions, sending minute amounts of gold instantly across the globe, with minimal fees.
- Tap into global liquidity, buying and selling gold 24/7, conveniently from your mobile device.
The Aurus Ecosystem: A Harmonious Convergence of Innovation and Luxury
The Aurus Ecosystem constitutes a highly scalable, self-sustaining global network comprising precious metals providers, vaults, and distributors, which seamlessly interact with the Aurus blockchain platform to facilitate the independent minting and global distribution of precious metals-backed tokens.
Aurus: Revolutionizing the Precious Metals Industry with a Novel Value Proposition
B2C – Historically, investing in gold was limited to purchasing from bullion dealers at a premium, accompanied by storage fees, or through exchange-traded funds (ETFs). While ETFs provide exposure to gold prices, they do not constitute physical ownership and are non-redeemable. In contrast, tGOLD leverages blockchain technology, rendering gold more accessible to a broader audience. This innovative approach enables: 24/7 trading; listings on fiat and cryptocurrency exchanges; peer-to-peer transfers; and instantaneous settlement of all transactions. Aurus addresses diverse use cases, including serving as a stable value transfer network in the global payments market, a reward-generating financial primitive in decentralized finance (DeFi), and a stablecoin in gaming applications.
B2B – Aurus fosters synergy with traditional precious metals industry players, granting access to cutting-edge products, a vast addressable market, and passive revenue streams. By empowering bullion dealers, Aurus enables them to introduce innovative digital offerings, facilitate seamless instant settlements, and expand their reach into new geographic and demographic markets, thereby unlocking new recurring revenue streams that transcend traditional one-off premiums.
Meet the Visionaries Behind Aurus
Aurus is spearheaded by a seasoned team of commodity and financial industry experts, boasting a wealth of experience and expertise.
See full team here.
The Visionaries: Our Directors
- Guido van Stijn – Managing Director, spearheading the organization’s strategic vision
- Mark Gesterkamp – Business Development, driving growth and fostering partnerships
- Dan Cearnau – Chief Technological Officer, pioneering innovative solutions
- Jonathan Boyd – Global Institutional Markets, navigating the intersection of finance and technology
Distinguished Board of Non-Executive Advisors:
- Tony Dobra – With a distinguished career spanning 40 years in the precious metals industry, Tony has worked as a physical and derivatives trader in prominent financial hubs, including London, Frankfurt, Hong Kong, and Luxembourg. He subsequently served as Director of the UK’s largest gold refinery, Baird & Co., for a decade.
- Jason Toussaint – Jason brings a wealth of experience in asset management, precious metals, and fintech, having previously helmed SPDR Gold Shares (GLD), the world’s largest gold ETF, where he oversaw the growth of assets to an impressive $78 billion. He also held the position of Managing Director and Global Head of Investment at the World Gold Council.
- Grant Angwin – A seasoned veteran of the precious metals industry, Grant boasts over 30 years of experience, having held senior management positions at Johnson Matthey, including President of the North American gold and silver business. He also served as President of Asahi Refining and held various roles at global industry associations, including Chairman of the LBMA.
- Rex Johnson – Rex has accumulated extensive experience in the Finance industry, holding numerous senior trading and broking positions. He has been involved in multiple cryptocurrency start-ups and previously served as a board member of an FCA-regulated physical Gold trading company.