Leveraged, fully compliant SEC gold-backed cryptocurrency OreBits is revolutionizing the intersection of digital assets and precious metals. Owned by Ion Digital, a prominent company in the financial technology space…
It’s extremely important to learn about asset backed decentralized cryptocurrencies, such as OreBits and Ion Digital’s innovative approach to merging digital assets and precious metals.
OreBits aims to provide investors with leveraged exposure to gold while ensuring compliance with SEC regulations. Each OreBit token represents ownership of a specific amount of gold, and its value is directly linked to the current market price of gold. By utilizing leverage, investors have the potential to amplify their investment returns based on the performance of gold prices.
I-ON Digital, the company behind OreBits, has an impressive team of experienced individuals. Carlos Montoya, formerly the head of Republic Bank, brings extensive expertise in banking and financial services. William Purpura, who held a prominent position as the head of the COMEX, possesses a deep understanding of the commodities market. Steve Aust, an entrepreneur and original seed round investor, contributes his vision, vast network, as well as his expertise in corporate finance to I-ON DIGITAL.
I-ON Digital’s accomplishments are worth noting. They conducted a thorough search and acquisition of 147 gold mines, assessing their value according to the industry standard known as “43-101”. This process established the total value of gold at a remarkable $2.4 trillion, calculated at the market price of $1,832 per ounce.
Additionally, Ion Digital participated in a HACK-A-THON challenge, competing against 2,400 other companies to identify the most secure and resilient platform. They were chosen as the number one hardest platform to hack… Their victory in this contest showcases their commitment to cutting-edge security practices.
The achievements of I-ON Digital caught the attention of Jamie Dimon, CEO of JPMorgan Chase, who recognized their potential and committed to featuring them as the premier asset-backed cryptocurrency on his platform. This recognition further validates Ion Digital’s success in the industry.
