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