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CrossTower launches G-Coin® Digital Gold in the US

NEW YORK, Jan. 14, 2022 /PRNewswire/ — CrossTower Inc. ( “ CrossTower ” ), one of the populace ‘s fastest-growing crypto and digital asset exchanges, has introduced the G-Coin digital aureate token ( GCOIN ) for its U.S. customers. Unlike cryptocurrencies, the G-Coin nominal is a digital title of ownership to 99.99 % arrant physical gold that is stored in secure vaults. All tokens thus give buyers possession of the underlie physical amber, rather than exposure to gold ‘s price. Tokens combine the best qualities of traditional gold – constancy, security, and value – with the benefits of digital invention. Following its launch in the U.S. in 2019 through G-Coin ‘s proprietorship G-Wallet, GCOIN is now available for trade on the CrossTower platform in the United States, along with cryptocurrencies such as Bitcoin, Ethereum and USD Coin .
2021 marked a year of unprecedented ostentation for the US dollar, causing more and more consumers to seek out alternate forms of wealth preservation, including cryptocurrencies and amber. GCOIN is frankincense a timely product for the grocery store. Customers can buy and sell GCOIN online safely, securely, and seamlessly. Tokenization enables users to purchase a digital title of ownership to gold handily and in smaller quantities than is typical in the physical gold market. GCOIN can be bought and sold with and for BTC, ETH and USD .
furthermore, the physical gold – Responsible Gold™ – is produced by miners and refiners who conform to the highest environmental, sociable, and government standards. Tracked from mine to vault on blockchain engineering, responsible Gold™ provides the ultimate assurances of birthplace, chain of detention, and 99.99 % honor .
Kapil Rathi, Chief Executive Officer and Co-Founder of CrossTower said, “ Millennials and youth are tapping into the crypto sector and demand, education, and interest in this sector is on the ascend. To boost this, CrossTower is adding this singular choice to buy and trade GCOIN. In addition, G-Coin provides guileless data to the buyer on where the fundamental gold is mined, its ESG principles, and where GCOIN is stored. CrossTower is gallant to take on the opportunity to enable every individual to own this democratic, traditional asset in a fresh digital and ESG compliant form. ”

“ To own GCOIN is to own gold, ” said Brent de Jong, Chairman and Founder of G-Coin. “ Our partnership with CrossTower, a ball-shaped drawing card in digital asset deal, will enable traders keen to manage cryptocurrency excitability and avoid the charge of forcible storage, to purchase GCOIN as a natural hedge for their portfolios. Blending asset classes to maximize return and minimize volatility is critical and GCOIN provides an alternative to enhance portfolio performance through stability, fluidity, and effective diversification. We see gold as a mighty wealth defender and creator, and we ‘ve made it our mission to make it accessible as a deliver instrument and besides to give it extra utility as a average of commute ” .
With the G-Wallet, users can unlock G-Coin ‘s full functionality to send or gift gold to friends, family, and other G-Wallet holders instantaneously and at zero monetary value. A G-Coin debit card will allow users to spend GCOIN for merchant transactions .
CrossTower is a global thought-leader and a participant of the Internet and Mobile Association of India ( IAMAI ), Blockchain and Crypto Assets Council ( BACC ), Global Digital Asset and Currency Association ( Global-DCA ) and the Digital Asset Regulatory Legal Alliance ( DARLA ). Through these organizations, CrossTower facilitates policy that will enhance the development and initiation of finance while emphasizing the protection and condom of customers ‘ assets.

ABOUT CROSSTOWER
Founded in 2019, CrossTower, ranked fourth in the world by Cryptocompare, is a crypto substitute with capital market capabilities. CrossTower empowers smart money to push the limits of what is potential. CrossTower provides the best-in-class services and products tailored to the needs of retail traders and institutions, including hedge funds, kin offices, endowments, pensions, and other market participants. CrossTower leverages its huge know in trade, technology, operational infrastructure, advanced pricing, regulations, and conformity to make cryptocurrency and digital assets accessible to retail and sophisticate institutional commercialize participants. CrossTower has offices located in the US, Bermuda, and India .
ABOUT G-COIN
The G-Coin nominal is operated by the Emergent Technology & Payments Group ( “ EmTech ” ). EmTech develops and commercializes engineering solutions to create interconnected, frictionless, and responsible fintech ecosystems. The responsible Gold Ecosystem provides the means for gold with incontrovertible, blockchain-based birthplace records, that conform to best practice ESG controls, to be digitally minted into G-Coin tokens that can be used to save, send, and spend responsible Gold. G-Coin brings gold into the digital age, making it accessible and giving it true utility. G-Coin Wallets allow users to send gold from peer to peer both locally and across borders. The G-Coin debit card allows users to spend gold on daily purchases. G-Coin tokens are redeemable for physical Responsible Gold bars*. The group operates in more than 60 high-growth markets across Asia-Pacific, Latin America, the Middle East, and Africa. To learn more, visit www.emergenttechnology.com. www.gcoin.com. www.responsiblegold.com .
*Although physical redemption of Responsible Gold ™ backing G-Coin is permitted under certain conditions, restrictions may exist in specific jurisdictions. For inquiries regarding the availability of such feature please contact customer support at [email protected] .

The information provided herein does not constitute investment, tax, legal or accounting advice. No representation or warranty is made as to the accuracy, content, suitability or completeness of the information, analysis or conclusions provided. As with many other assets, the risk of loss in trading or holding gold or digital assets can be substantial and should be considered carefully in light of personal financial conditions.
Media contact:
Nina Jacobs
[ e-mail protected ]
informant CrossTower

informant : https://leowiki.com
Category : Economy

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