Sion to purchase shareholding in Arbitrade
By GCRU Gold News on Monday, January 7 2019, 22:07 - Permalink
The company that is acting as the precious metals procurement agent for Arbitrade is set to become a major shareholder of the cryptocurrency exchange and coin company.
Arbitrade said in November that it had “title’”to 395,000 kilograms of gold bullion, which would be worth $16.2 billion at current prices, to back its coins and tokens. One of the tokens is called “dignity” and is in circulation.