Mattereum and Sempsa JP Announce Partnership for On-Chain Trading of Gold Bars

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 51%

Business Business Headlines News

Legaltech pioneers Mattereum, and Sempsa JP (Madrid), a globally renowned precious metals producer, today announce their strategic partnership aimed at transforming the crypto investment landscape

Mattereum and Sempsa JP will work together to empower users to buy, sell, and trade gold bars with unprecedented ease, confidence and security using Ethereum. Mattereum’s technology and unique legal provisions will ensure the seamless integration of gold bars onto a fully regulated exchange as Stable NFTs. Themakes available significant discounts for users wishing to take advantage of this new opportunity.

The integration of Sempsa’s gold with Mattereum’s blockchain innovation creates a new opportunity for crypto investors. Gold bought on a “one Stable NFT per numbered allocated vaulted bar protected by aDollar denominated stablecoins are backed by opaque asset portfolios that may not cover the coin’s total value at any given moment. In contrast, the ability to transfer ownership of a physical gold bar in a vault using a Mattereum stable NFT is transparent and guaranteed.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

QCP Capital and Further Ventures Announce Partnership for Middle East Crypto ExpansionBoth companies plan to develop new institutional digital offerings, while QCP is set to open an Abu Dhabi shop.
Source: CoinDesk - 🏆 291. / 63 Read more »