Tagged: commodities

Mettalex, a “Decentralized” Crypto and Commodities Derivatives Exchange, Claims its Product Solves Pain Points Related to FCA Derivatives Ban

Binance alum Fetch.ai, an established blockchain-focused AI firm launched by former DeepMind investors and developers, had introduced Mettalex, a “decentralized” crypto and commodities derivatives trading platform (back in August 2020). Mettalex had stated in August that it would be working with a consortium of steel… Read More

Binance Alum Fetch.ai, a Blockchain focused AI Firm, Introduces Decentralized Crypto and Commodities Derivatives Exchange

Binance alum Fetch.ai, an established blockchain-focused AI firm launched by former DeepMind investors and developers, has introduced Mettalex, a “decentralized” crypto, and commodities derivatives trading platform. As mentioned in an update shared with Crowdfund Insider: “Working alongside a consortium of steel mills, shipping companies, trading… Read More

As Gold Sets Highs Past $1,900 Per Troy Ounce, Stablecoin Issuer Tether Claims Demand for its Gold-backed Crypto, XAU₮, has Also Surged

Tether Gold (XAU₮), a crypto-asset offering ownership of physical gold (XAU) that’s reportedly custodied in Switzerland, has experienced a significant increase in its demand as the price of gold surged past $1,900 a troy ounce – which may have been due to the economic uncertainty… Read More

Digital Asset OTC Broker Digital RFQ Selects Koine for Custody Following First Commodity based Token

Digital asset OTC broker, Digital RFQ (DRFQ) has selected Koine to act as custodian for its first commodity financing token, PGX. PGX, or PhiGold token, was launched in partnership with Atom Asset Exchange (AAX). The digital asset is a commodity financing token based on gold… Read More

Open Mineral Raises $2.25 Million to Disrupt Commodities Trading with Online Marketplace

Open Mineral has received seed funding $2.25 million. Notable come from Goldcorp (TSX:G), Canadian gold mining company, and Igor Kim of Xploration Capital.  Open Mineral was the first startup to join Thomson Reuters Incubator, which hosts early-stage entrepreneurs building next-generation products in big data, advanced analytics, distributed… Read More

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