xbullion tokens bring the benefits of digital assets such as liquidity, accessibility and transparency to physical gold bullion.
Fractional ownership of gold
The introduction of gold Exchange Traded Funds (ETFs) in the early 2000s made it easier for investors to gain exposure to gold. Suddenly, gold could be traded as easily as buying shares on a stock exchange. xbullion takes this concept a step further by allowing fractional ownership of physical gold bullion that’s securely locked in a vault. Investors can buy one gram of gold, fractionalised to eight decimal places. All gold is audited by accountancy firm BDO.
xbullion is able to offer access to allocated physical gold at wholesale pricing, direct from our world renowned suppliers. Large ETFs generally invest in unallocated gold and trade at premiums of up to 2% over the spot market. xbullion allows traditional ETF investors to hold gold bullion, at a discount to the premium paid. xbullion's innovative fee model also removes custody fees. Making xbullion an attractive option for any gold ETF, superannuation fund or sophisticated investor holding gold.
xbullion will be tradable across multiple exchanges and can be converted to fiat currency.
Physical gold can also be redeemed via insured courier service to major cities around the globe.
Implementing a blockchain allows registry details to be held and managed by a decentralised network of computers globally, ensuring token availability 24/7/365.
This provides clients security around their holdings and absolute freedom around transferability.
xbullion tokens are transferable to any person, anywhere in the world, instantly on a network that is available 24/7/365. End users can redeem the tokens for digital or fiat currency through our partners. xbullion is not confined to any particular marketplace allowing you to transfer your tokens to any exchange or partner you wish to use. xbullion gives you, the owner, ultimate control over your own finances.
Convenience of blockchain technology
Blockchain technology is universal and facilitates easy and inexpensive trade between parties globally. xbullion anchors your tokens to physical gold bullion, stored in highly secure vaulting facilities based in Australia, Singapore and London. The tokens give you the ultimate freedom to trade your digital assets with anyone in the world. You are always connected to your wealth.