Make gold accessible and secure for payments and savings.
Canadian digital currency startup BitGold has successfully closed a $3.5m Series A funding round.
PowerOne Capital, Soros Brothers Investments, Sandstorm Gold and PortVesta Holdings are Participants. Notably, the man behind Soros Brothers Investments is Alexander Soros.
The Toronto-based company offers a consumer-focused Internet platform for global blockchain payments. Alongside access to secure and redeemable gold for savings.
BitGold raised angel funding from its own co-founders Josh Crumb and Roy Sebag earlier.
Blockchain tech meets gold
BitGold says its mission is to provide “global access to gold for secure savings and transactions”. While at the same time offering digital payments based on blockchain technology.
Blockchain technology has already unleashed a wave of payments innovation that will empower people. By lowering costs and offering more access to safe and transparent financial services.