About VNX Gold
VNX Gold (VNXAU) is a multichain token that is fully backed by physical gold, certified by the London Bullion Market Association. Each VNXAU token corresponds to one gram of gold, ensuring a direct link between the digital asset and tangible value.
The gold backing is stored securely in a high-security vault located in Liechtenstein, a country known for its stable economy and high credit rating. This arrangement provides token holders with individual ownership of real gold, offering enhanced security and peace of mind.
VNXAU tokens provide the same advantages as traditional gold, including serving as a reliable store of value, safeguarding against market volatility and inflation, and ensuring high liquidity. Additionally, they offer the convenience and flexibility of digital assets, enabling seamless transactions.
The issuance and management of VNX Gold tokens are handled by VNX Commodities, a company regulated by the Liechtenstein Financial Market Authority. This regulation ensures compliance and transparency in the token's operations.
Currently, VNX Gold is available on multiple blockchains, including Ethereum and Q, with ongoing efforts to expand its use across additional networks, enhancing its accessibility and utility in the growing DeFi ecosystem.