- Activity in the digital precious metals sector is heating up as Wellfield Technologies has closed its deal to purchase Tradewind Markets for $5.795 million.
The company added that it is also planning to create a regulated blockchain-based spot gold and silver market. Levy Cohen, CEO of Wellfield, said that this evolution of the digital precious metals market will provide new opportunities for investors and gold producers. "Wellfield's technology and vision empowers us to expand our capabilities and leverage new opportunities that didn't exist when Tradewind began its journey. We are excited about the possibilities to add new value for our investor and industry partners in the gold and silver markets and we look forward to continuing on our mission as part of the Wellfield team," Graybill said.