Seba Bank: Launches Gold Token

December 15, 2021

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Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

Seba Bank: Launches Gold Token

SEBA Bank Launches Landmark First Regulated Gold Token to Enable Digital Ownership of Physical Gold
Gold Token offers investors a regulated digital token for investment in and delivery of physical gold
Physical gold ready for any time on-demand delivery from partner refineries, avoiding costly fees
In addition to its physically redeemable store of value, the gold token can also be utilized as a stablecoin
As the stablecoin sector has rapidly grown to reach a market cap of over USD 130 billion
To address demand, the Bank Gold Token can be used as a fully compliant stablecoin in the digital asset markets