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Klaytn Foundation Partners with CREDER to Bring Tokenized Gold Mining Bond to Klaytn

Twitter icon  •  Published 1ヶ月前  •  Hassan Maishera

The Klaytn Foundation has signed an MoU with CREDER, developer of a Web3 RWA DeFi platform, and Green-X, a leading digital asset exchange in Malaysia, to expand Klaytn’s Real World Asset (RWA) ecosystem through the tokenization of gold mining bonds.

The Klaytn Foundation announced via a blog post on Tuesday that it has signed an MoU with CREDER, developer of a Web3 RWA DeFi platform, and Green-X, a leading digital asset exchange in Malaysia, to expand Klaytn’s Real World Asset (RWA) ecosystem through the tokenization of gold mining bonds. 

Furthermore, the foundation will also cooperate with CREDER to activate RWA tokenization projects based on Green-X exchange-listed U.S. gold mining bonds, precious metals, real estate, rare earths, antiques, and more.

The foundation and CREDER are working together to launch tokenized US gold mining bonds in June through a Klaytn-native version of Dignity Gold (DIGau), originally issued by Dignity Gold LLC which owns a number of gold mines in the United States.

Klaytn is a public blockchain developed by Ground X, the blockchain arm of Korea’s internet giant Kakao, with 50 million users worldwide. KLAY is down by 3% in the last 24 hours and now trades at $0.2347 per token.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.