infinigold

InfiniGold is an Australian Fintech startup, originating out of the Capital Markets CRC, that has developed a platform for the digitisation of gold and other precious metals. Together with The Perth Mint, one of the largest gold refineries in the world, InfiniGold has developed and is operating GoldPass®, a full-service gold investment platform that digitises Perth Mint gold and gives investors the ability to securely buy, store, transfer and sell physical gold via digital certificates. Digital certificates are portable, valuable and fungible. Gold is bought and sold in real time, based upon the spot price of gold at The Perth Mint. Issued GoldPass® digital certificates are stored within a digital vault on the owner's mobile device. They are accessible only by the owner, and always verifiable against the Mint ledger. All GoldPass® digital certificates are 100% backed by physical Perth Mint gold with the weight and purity of every ounce guaranteed by the Government of Western Australia. GoldPass® is a closed system for registered users only, but as part of a new InfiniGold product, InfiniGold is aiming to tokenise GoldPass® digital certificates. With InfiniGolds experience and excellence in capital markets, regulatory compliance and digital currency technologies, we are creating a token that brings unprecedented efficiency, security, reliability and trust to investments in physical gold on the blockchain. This new token will be the first institutional grade digital gold on the public blockchain connecting the traditional financial markets with the digital asset markets. InfiniGolds vision is to improve the efficiency and transparency of the global gold market and to disrupt the current trading practises which are largely dominated by opaque OTC trading of institutional investors.