TMTG Signs Business Agreement with YH Global Company

TMTG Official
TMTGOfficial
Published in
Oct 19, 2020

TMTG Enterprise HK Limited, a Hong Kong-based virtual asset service provider, has signed a business agreement with YH Global Company, a global physical gold distributor.

YH Global, which has a physical gold distribution network in Korea, will use its existing network to provide the TMTG Foundation with physical gold. Having a reliable source of physical gold is crucial to the conversion of TMTG tokens into TG tokens. Each TG token is backed by 1g of 99.9% purity gold. YH Global will act as an agent for the supply of real gold to be circulated on the gold trading platform, TGXC (Touch Gold Exchange) which is being developed by the TMTG Foundation.

With the agreement with YH Global as well as the Korea Gold Exchange 3M previously agreed, we are able to smoothly supply the real gold necessary for commercialization of the gold trading platform TGXC. We are working on the final stage of TGXC and we will see you soon.

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TMTG Official
TMTGOfficial

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