UGold, a tokenised gold real asset backed by physical 99.99% pure gold, has surged in popularity its market cap has now reached about US$11.5 billion, nearly double from ~$6 billion two-and-a-half years ago, with daily trading volumes crossing $100 million. Finvasia has taken an equity stake in Genius Digital Partners (UGold’s issuer), and will integrate UGold into its multiple licensed jurisdictions, providing infrastructure, introductions, and distribution across Europe, UAE, UK, Australia, and South Africa.
https://www.financemagnates.co....m/cryptocurrency/fin