A look back — First few months Review

Joonas Karppinen
PMGT Publication
Published in
3 min readNov 30, 2019

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“The digitisation of gold via a public ledger is a natural progression for the global commodity markets. It will promote gold as a mainstream asset, enhance its accessibility, and offer greater liquidity, transparency, and auditability of the real assets backing this type of digital token.”

Richard Hayes, CEO of the Perth Mint

What a month it’s been for InfiniGold!

We were thrilled to be able to share with you at the beginning of October a project we’ve been working on for some time now. The Perth Mint Gold Token (PMGT) is the latest iteration in our ongoing mission to deliver a robust digital asset backed by the most historically relevant asset known to man.

This first month has been a hugely successful one. As the month draws down we’re finalising the details of exchange listings, and we’ve received widespread interest in the project from across the board. From cryptocurrency enthusiasts right through to traditional gold bugs. Institutional investors have also approached us to discuss the token, and explore how the merits of using a blockchain might broaden their own exposure to gold within their portfolios.

In the Press

We’ve been blown away by the coverage the project has received. In the past few weeks, the Perth Mint Gold Token has been featured in publications such as Reuters, Coindesk, ZDNet and Yahoo! Finance. Richard Hayes (the CEO of the Perth Mint) was featured in a Bloomberg segment, where he discussed the price of gold, market demand, and shifting investor demographics and preferences, and our very own Jon Dean, Head of Institutional Sales, spoke with TradeTalks about the benefits of tokenising the precious metal.

Events

Both Richard Hayes and Joonas Karppinen (the Head of Trading at InfiniGold) spoke at the Gold & Alternative Investments Conference in Sydney this month. Richard gave a talk titled Gold: Why, How, Now, whilst the topic of Joonas’ presentation was Making Digital Gold Easy.

Be sure to check them out!

Socials

If you haven’t already, follow us on our various social media channels to keep up to date with all of the latest developments, and to join in on the conversation — Twitter, Telegram, Linkedin and Facebook. And of course, don’t forget to sign up for the newsletter on the website.

We’re off to a fantastic start. We’re incredibly excited with the progress we’ve made, and are glad to see that the wider markets are too. We look forward to your continued support as we continue to execute the PMGT offering, so as to deliver the first token backed by government-guaranteed gold on a public blockchain. Digital markets deserve an auditable and transparent gold-backed token that they can trust to safeguard their investments.

Until next time,

The InfiniGold Team

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