Thursday April 15, 2021
Bitcoin (BTC) $62,772.00   Ether (ETH) $2,469.28
  • Events
  • News
    • Blockchain Technology
    • Capital Raising
    • Crypto Exchanges
    • Crypto Payments
    • Gaming & Betting
    • Mining
    • Networks & Protocols
    • Security
    • Vendor Technology
    • Wallets
NEWSLETTER SIGNUP
EXCHANGE 300+ COINS
CryptoNinjas
  • Crypto & Blockchain Links
  • Real-Time Market Data
  • Bitcoin ATM Map
  • Token Offerings/Listings
No Result
View All Result
CryptoNinjas
No Result
View All Result
Home Token Offerings/Listings

Gold-backed token project Aurus raises €1M from Dubai’s Silver Rock Group

UK gold-backed token project Aurus receives a €1 million investment from Dubai based Venture Capital...

Published by CryptoNinjas.net
03/14/2020
Gold-backed token project Aurus raises €1M from Dubai's Silver Rock Group

Aurus, a company creating a gold-backed token protocol, announced it has finalized a funding agreement with Dubai-based Silver Rock Group (SRG) to pre-subscribe for €1,000,000 worth of AurusCOIN (AWX) tokens at the company’s upcoming Initial Exchange Offering (IEO).

AWX derives 70% of the revenue created from fees generated by the company’s AurusGOLD (AWG) token, a 100% gold-backed cryptocurrency on the Ethereum blockchain.

Founded in 2017, Aurus has created a blockchain protocol that digitizes real gold bullion allowing a network of partnered gold providers and vaults to securely and transparently interact with each other. The AurusGOLD token represents 1 gram of 99.99% gold held securely in a vault.

The protocol is designed to manage the creation, transactions, and withdrawals of the gold-backed token. Aurus’ self-sustaining ecosystem will enable transparent trading, traceability, liquidity, and reduced costs.

“We see no point in competing with the world’s biggest gold traders when it comes to selling gold. Our aim is to create a stable, globally viable alternative gold product and it seems that the best way to achieve that is to let everyone join our ecosystem. Aurus is about collaboration, not competition, it’s about transition and bringing the “old” traditional gold market into the digital 21st century.”
– Guido Van Stijn, Aurus Managing Director

SRG

Silver Rock Group (SRG) specializes in structuring & investing in a variety of financial instruments including private placements, pre-IPO opportunities, private equity accumulation of undervalued securities, and special situations. Its recent concentration has been on technology opportunities.

SRG also specializes in introducing new technologies to the MENA region, through JV’s & licensing of the technologies. SRG has diversified its investment strategy to include the purchase of tokens. SRG is seeking issuers with disruptive technologies operating in the blockchain space.

6
SHARES
FacebookTwitterLinkedinRedditE-MailTelegram
Via: Aurus Whitepaper

Related News

Japan crypto exchange bitbank AUM reach 289.8 billion yen
Crypto Exchanges

Japan crypto exchange bitbank AUM reach 289.8 billion yen

04/15/2021
Sommelier gets $1M R&D grant from The Graph to deliver blockchain market data improvements
Networks & Protocols

Sommelier gets $1M R&D grant from The Graph to deliver blockchain market data improvements

04/15/2021
DeFi platform Sheesha Finance and aggregator Plasma Finance team up to improve asset management
Networks & Protocols

DeFi platform Sheesha Finance and aggregator Plasma Finance team up to improve asset management

04/15/2021
Crypto derivatives exchange BitWell adds Alchemy Pay gateway
Crypto Exchanges

Crypto derivatives exchange BitWell adds Alchemy Pay gateway

04/15/2021
FDT onboards Fireblocks to improve crypto-asset security for Asian market
Security

FDT onboards Fireblocks to improve crypto-asset security for Asian market

04/14/2021
Load More
Leave Comment

Where to Exchange

Bit2MeLeading Spanish Bitcoin ExchangeVisit
BL3P
European Bitcoin ExchangeVisit
ChangellyExchange & Buy 150+ CryptocurrenciesVisit
itBitAmerica's First Regulated Bitcoin ExchangeVisit
  • Trending
  • Latest
Crypto trading app Orion Terminal expands to Polkadot with Moonbeam integration

Crypto trading app Orion Terminal expands to Polkadot with Moonbeam integration

04/14/2021
BSCstarter unveils 12 community-selection projects for Binance Smart Chain

BSCstarter unveils 12 community-selection projects for Binance Smart Chain

04/14/2021
ShapeShift adds decentralized native bitcoin trading through integration with THORChain

ShapeShift adds decentralized native bitcoin trading through integration with THORChain

04/14/2021
Token of Bitcoin-based protocol Sovryn (SOV) begins trading after $9M investment

Token of Bitcoin-based protocol Sovryn (SOV) begins trading after $9M investment

04/14/2021
Bitcoin ATM machine company CoinFlip enters Washington State with 13 new locations

Bitcoin ATM machine company CoinFlip enters Washington State with 13 new locations

04/14/2021
Japan crypto exchange bitbank AUM reach 289.8 billion yen

Japan crypto exchange bitbank AUM reach 289.8 billion yen

04/15/2021
Sommelier gets $1M R&D grant from The Graph to deliver blockchain market data improvements

Sommelier gets $1M R&D grant from The Graph to deliver blockchain market data improvements

04/15/2021
DeFi platform Sheesha Finance and aggregator Plasma Finance team up to improve asset management

DeFi platform Sheesha Finance and aggregator Plasma Finance team up to improve asset management

04/15/2021
Crypto derivatives exchange BitWell adds Alchemy Pay gateway

Crypto derivatives exchange BitWell adds Alchemy Pay gateway

04/15/2021
FDT onboards Fireblocks to improve crypto-asset security for Asian market

FDT onboards Fireblocks to improve crypto-asset security for Asian market

04/14/2021
  • Home
  • Directory
  • Data
  • About
  • Contact
SUBSCRIBE

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

  • Home
  • Crypto Links
  • Market Data
  • Blockchain Tech
  • Exchanges
  • Capital Raising
  • Vendor Technology
  • Token Offerings/Listings
  • Payments
  • Wallets
  • Bitcoin ATM Map
  • Conferences & Events
  • About
  • Contact

© 2016 - 2021 CryptoNinjas Disclosures | Privacy Policy

Go to mobile version