Seba Bank launches Gold Token

Seba Bank launches Gold Token

Source: Seba Bank

SEBA Bank, a fully integrated, FINMA licensed digital assets banking platform, today announced the launch of its Gold Token, a regulated digital token for investment in and delivery of physical gold on-demand.

As announced in March this year SEBA Bank issues a token backed by responsibly sourced gold, providing cost-effective access to the precious metal, and sets a new standard in the stablecoin sector.

The SEBA Bank Gold Token is a landmark development in investment products, enabling investors for the first time to own a digital form of physical gold via a fully regulated, cost-effective, and future-proof solution. Unlike traditional gold derivative investment products, such as ETFs and OTC contracts, the gold token allows investors to redeem their physical gold on-demand at any time from partner refineries - avoiding costly transport and storage fees.

In addition to its physically redeemable store of value, the gold token can also be utilized as a stablecoin. As the