AuBit is a next-generation digital asset management platform offering some of the highest annual percentage yield (APY) rewards in the crypto industry. With a strong ethos of leading the developing social finance industry, the AuBit Freeway platform gives holders of the native Freeway Token (or FWT coin) exclusive platform benefits. This includes boosting rewards or reducing platform fees. But, what exactly is the AuBit Freeway platform? How does AuBit Freeway offer such high rewards for users, and how does the FWT coin aid this?

New York City real estate mogul Kent Swig has secured a minimum of $6 billion in gold reserves to back his new cryptocurrency.

AuBit is a brand new asset management platform that ‘networks’ the world’s top financial products like gold, stocks, bonds and crypto for greater total returns with no additional risk.

An Introduction to AuBit

DGLD, a network with more than $20M in investment grade gold allocated in Swiss vaults and secured using Bitcoin, has launched and is now available for purchase exclusively on The PIT, Blockchain.com's cryptocurrency exchange.

Dignity Holdings, LLC, a leader in cryptocurrency and digital coin mining, today announced its official launch, and that its wholly owned subsidiaries Dignity Mining Group, LLC and Dignity Gold, LLC have acquired Cryptobontix, a family of tokens backed by SION Trading FZE's gold in Dubai. Through the acquisition, Dignity Gold now owns four of Crytobontix's digital cryptocurrencies: Dignity (DIG), Namaste (NAM), Honor (HNR) and Orectic (ORE). It will also continue the relationship with SION Trading FZE through the safe keeping receipt (SKR) for 395,000 kilograms of gold in addition to the tokens. The acquisition also includes Dignity Mining Group's acquisition of an extensive mining operation based in Upstate New York. The newly-formed companies are being led by investment, technology and real estate industry veterans Stephen Braverman, who will serve as President and CEO, and Kent M. Swig, who will serve as Chairman.

Russia’s central bank, the Bank of Russia, will consider issuing a gold-backed cryptocurrency

“Novem is a better way to buy gold, with all purchases verified by third-parties at the time of purchase, secure storage with third-party auditing, and at the time of sale. The differentiation from other gold-backed coins is 100% liquidity and ‘old economy’ precious metals industry certifications,” said a Novem spokesperson.

Grosskopf said that he thinks a digital bullion marketplace will open up the gold market to a new category of investors and bring much-needed efficiencies for the market.

“Without exaggeration, I think a digital exchange is important for the gold market,” he said. “The gold market is ready for a whole new investor. We just have to bring the physical market into a digital world.”

Confirmed today, Len Schutzman, Chairman and Chief Executive Officer of Arbitrade Ltd., on behalf of the Board of Directors, announced today via its Agency of Record for Traditional and Non-Traditional Media, Creative Management Partners LLC (CMP), that Arbitrade Ltd. has received title of gold bullion stored at independent security facilities in the amount of 395,000 kgs with a current market value in excess of $10 Billion U.S. (15.6b)