eMetals platform is an alternative way to invest in and trade physical metals. It aims to provide the investment performance of the standard metal markets with the transparency of an exchange-traded security.
As a precious metal refinery we see big potential in Ripple Consensus Ledger and the conversion of rights to metals into digital tokens (IOU) on Ripple Network. We decided to offer investors an alternative way to invest in and trade physical metals by providing the performance of the AURUM (‘AURUM’ is an electronic clearing system operated by the LPMCL.) with the transparency of an exchange-traded asset.
Our issuance XAU is already traded on Gatehub Ripple Gateway.
As equity markets are closed more hours on the day than they are open user are able to trade shares of popular commodity companies on eMetals platform 24 hours a day, 7 days a week.
eMetals IOUs represent real-world commodity stocks . The actual stocks are deposited in a segregated account in order to hold customers’ funds separated from the funds of eMetals in the interests of the customers’ security.