tGOLD

TXAU Price

What Is tGOLD (TXAU)?

tGOLD (TXAU) is a gold-backed stablecoin on the Ethereum blockchain that is minted by a network of esteemed traders from the traditional gold market. Each tGOLD token is 1:1 collateralized by, and redeemable for 1 gram of 99.99% LBMA-accredited gold, stored in fully audited and insured vaults. 50% of the transaction fees generated by tGOLD are distributed to the holders of AurusX (AX).

What are the benefits of tGOLD?

tGOLD is a highly portable, transferable, and liquid digital asset. It has the advantages of physically allocated gold, but does not have the drawbacks of limited transportability or high storage costs usually associated with it. Instead, it has the divisibility, fungibility, and tradability of any digital asset like Bitcoin.

Free of recurring storage or management fees, tGOLD offers investors of any size a convenient and cost-effective alternative to traditional gold products, with the additional benefits of real-time 24/7 trading, cryptographically secure instant settlements, and fewer intermediaries.

With tGOLD, investors can enjoy:

• Cost-efficient gold accumulation, at fractions above spot market price and grams at a time.

• Hassle-free storage: carry any amount of gold safely in your pocket by using a digital wallet.

• Frictionless transactions: send cents worth of gold, virtually instantly across the world at minimal fees.

• Access to global liquidity: buy and sell gold 24/7, at the convenience of your mobile phone.

What makes tGOLD Unique?

tGOLD (TXAU) was created with sustainability in mind. tGOLD tokens are independently minted by a global network of established precious metals refineries, vaults and traders that participate in the Aurus Ecosystem. Aurus’ decentralized approach to tokenization ensures that the company can never “touch” or influence the gold traded or vaulted, meaning investors are not subject to a single point of failure.

Aurus embraces the decentralized nature of blockchain: DeFi. Holders can (soon) earn a yield on their gold (tGOLD) holdings by providing liquidity to decentralized exchanges (DEX) trading pools. This, for the first time, positions gold as a productive, yield-bearing asset.

Where Can You Buy tGOLD?

tGOLD can be bought from various Aurus partnered exchanges and precious metals dealers, with multiple fiat and crypto trading pairs available.

Exchanges: CEX.IO (tGOLD-USD), CEX.IO (tGOLD-GBP)

Precious metals dealers: Aurica precious metals (Chile), AgaBullion (Turkey), Direct Bullion (UK)

What Is Aurus?

Aurus the company behind tGOLD (TXAU), was founded in 2018 and provides the software, network and blockchain infrastructure for global precious metals businesses and financial institutions to merge with the future of finance, in the form of DeFi and Web3 applications. The Aurus platform empowers a global network of precious metals providers, vaults and dealers to autonomously tokenize physical gold, silver, and platinum bullions into tGOLD, tSILVER and tPLATINUM.

Aurus is setting out to create a more inclusive and efficient precious metals market - democratizing access to gold, silver, and platinum for retail and institutional investors alike.

The Aurus Ecosystem

The Aurus Ecosystem is a highly scalable, self-sustaining global network of precious metals providers, vaults and distributors (Aurica Precious Metals, Aga Bullion, Direct Bullion, etc.) that interact with the Aurus blockchain platform to independently mint and distribute precious metals-backed tokens globally.

Value proposition and the pain point that Aurus solves:

B2C - Previously, the only way to invest in silver involved buying from a bullion dealer for a premium and paying storage fees, or through an ETF. While ETFs provide price exposure, they do not represent ownership of physically allocated metals and cannot be redeemed. Aurus precious metal-backed tokens are based on blockchain-based technology, which allows for many contrasting characteristics and makes gold, silver and platinum accessible to a wider audience. The technology allows for: 24/7 trading; fiat/crypto exchange listings; peer-to-peer transfers; instantaneous settlement on all transactions.

B2B - Aurus doesn’t compete, it collaborates with traditional precious metals industry players, providing access to high-tech products, a huge addressable market, and passive revenues. Aurus empowers Bullion dealers to offer a new and innovative digital product and execute frictionless instant settlements enabling them to expand into new market geographics and demographics, and access new recurring revenue streams (instead of one-off premiums).

The Aurus Team

Aurus is led by a strong team of commodity and financial industry veterans. See full team here.

Directors:

• Guido van Stijn - Managing Director

• Mark Gesterkamp - Business Development

• Dan Cearnau - Chief Technological Officer

• Jonathan Boyd - Global Institutional Markets

Board of Non-executive Advisors:

• Tony Dobra - Tony is a 40-year veteran of the precious metals industry. Working as a physical and derivatives trader in London, Frankfurt, Hong Kong and Luxembourg. He was then the Director of UK’s largest gold refinery, Baird & Co. for ten years.

• Jason Toussaint - Jason has deep experience in asset management, precious metals, and fintech industries. He was previously CEO of SPDR Gold Shares (GLD), the world’s largest gold ETF, where he led the growth in assets to over $78 billion. He was also Managing Director and Global Head of Investment at the World Gold Council.

• Grant Angwin - Grant is a 30+ year precious metals industry veteran, having held senior management positions at Johnson Matthey, including President of the North American gold and silver business. He was President of Asahi Refining and has held various roles at global industry associations, including Chairman of the LBMA.

• Rex Johnson - Rex has extensive experience working in the Finance industry holding a number of senior trading and broking positions. He has been involved in multiple cryptocurrency start-ups and was previously a board member of an FCA-regulated physical Gold trading company.

Where can you buy tGOLD?

TXAU tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade tGOLD is Uniswap V3 (Polygon), where the most active trading pair AX/TXAU has a trading volume of $1,349.83 in the last 24 hours.

What is the daily trading volume of tGOLD (TXAU)?

The trading volume of tGOLD (TXAU) is $1,349.83 in the last 24 hours, representing a -0.70% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for tGOLD (TXAU)?

tGOLD (TXAU) reached an all-time high of $361.25 and an all-time low of $20.00. It’s now trading 71.80% below that peak and 409.35% above its lowest price.

What is the market cap of tGOLD (TXAU)?

Market capitalization of tGOLD (TXAU) is $9,642,143 and is ranked #1472 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of TXAU tokens (93 Thousand tokens are tradable on the market today).

What is the fully diluted valuation of tGOLD (TXAU)?

The fully diluted valuation (FDV) of tGOLD (TXAU) is $9,642,143. This is a statistical representation of the maximum market cap, assuming the maximum number of 93 Thousand TXAU tokens are in circulation today. Depending on how the emission schedule of TXAU tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of tGOLD compare against its peers?

With a price increase of 0.00% in the last 7 days, tGOLD (TXAU) is underperforming the global cryptocurrency market which is up 0.60%, while outperforming when compared to similar Polygon Ecosystem cryptocurrencies which are up 0.00%.

How to add tGOLD (TXAU) to MetaMask?

Adding tGOLD (TXAU) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import TXAU as a token. You can copy TXAU’s contract address (0xa6da8c8999c094432c77e7d318951d34019af24b) and import it manually, or if you've installed MetaMask's chrome extension, add TXAU to MetaMask with one click on CoinGecko.

Add TXAU to MetaMask.