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Ekon Gold is a physical gold bars-backed cryptocurrency developed by Eidoo, a Swiss-based company that runs a hybrid exchange and cryptocurrency wallet for bitcoin (BTC), ethereum (ETH) and all tokens based on the Ethereum blockchain (ERC20 and ERC231).
Ekon.Gold is an ERC20 token that is equivalent to 1 gram (999) of fine gold. It is stored in a certified and insured Vault in Switzerland.
Ekon Gold is a Stable Coin, a digital representation of gold that is securely stored in a Swiss vault and easely manageable and transferable.