MANAGEMENT

Digital token going for gold

THE Perth Mint Gold Token, a world-first digital trading platform set up on a public blockchain backed by government guaranteed gold, is attracting a new generation of investors.

 Launched a fortnight ago, the gold token is available through the mint’s smartphone trading app GoldPass, which has been downloaded more than 10,000 times in the past year.

Launched a fortnight ago, the gold token is available through the mint’s smartphone trading app GoldPass, which has been downloaded more than 10,000 times in the past year.

Perth Mint CEO Richard Hayes said there had been 1400 accounts opened in just two  weeks. Hayes cites research from the early 1990s to June 2019 that showed gold was still a solid investment choice,...

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