We are thrilled today to announce the formation of our new supply and vaulting partnership with ABC Bullion, Australia’s largest independent precious metals dealer, to provide a simple, cost-effective way to invest in Gold, Silver and Platinum.
Our ‘precious metals’ bundle allows everyday investors to purchase any amount of Gold, Silver and Platinum as a digital token. The underlying precious metals for each token are 100% backed by the physical metal, stored in ABC Bullion’s vaults and fully insured. The move comes at a time when investors are expressing growing concern over heightened inflation across the developed world arising from unprecedented global monetary stimulus. Meanwhile, relatively few investors have easy access to precious metals to hedge against inflation.
Modernising the world’s store of value
Precious metals have long been the world’s preferred store of value, helping investors maintain their wealth through periods of uncertainty and fiat currency inflation.
Ian Lowe, CEO at Dacxi said, “For centuries, precious metals have been ‘go-to’ defensive assets for investors. This is still the case today, but innovation also has an important role to play. Blockchain technology means we can democratise access to precious metals for everyday investors. The combined benefits of accessibility, simplicity, security and liquidity are compelling”.
The rise of crypto-wealth management
Our wealth management platform allows investors to access individual gold tokens or a bundle containing different precious metals in a single transaction. The minimum investment for a bundle is just A$200, and includes gold, silver and platinum.
It’s the next logical step in the modernisation of finance, according to Lowe.
“The level of information everyday investors have at their disposal is unprecedented. Many are looking at world events and anticipating a rise in inflation that will eat away at their savings and buying power. A significant number of investors simply don’t have the means to acquire precious metals, an asset class that typically performs well over the medium to long term, and with less volatility.
The tokenisation of physical assets such as that offered by us in partnership with ABC Bullion doesn’t just simplify the process of acquiring these assets, it evens the playing field by providing universal access regardless of the amount invested. And while precious metals are an ideal entry point to digital assets, they have also performed strongly despite being considered a defensive asset. Over the last 5 years gold has risen 47.92% in value, while silver has appreciated by 38.44%.”
Janie Simpson, CEO at ABC Bullion said, “We are thrilled to form a supply and vaulting partnership with Dacxi which we see solving some of the traditional issues retail investors have when it comes to investing in precious metals. It allows them to purchase small or large amounts and provides a marketplace with liquidity that can be accessed at any time and from anywhere in the world. Tokenisation also solves the biggest worry for everyday investors – keeping their precious metal investment safe – as the physical assets are stored in our vaults”.
Whilst there have been many attempts to lower the barrier to entry for investment in these physical asset classes in the past, they often come with risk or complexity.
Blockchain on the other hand is a fit-for-purpose technology for solving this problem, creating marketplaces for tokens representing virtually any kind of investment imaginable over time. We are pioneering the tokenisation of multiple asset classes, known as crypto wealth. The tokenisation of asset classes other than crypto currencies opens up previously inaccessible investment opportunities for the everyday investor, while driving exponential growth in crypto wealth.
“Precious metals were the logical choice to evolve our crypto offering, and to provide investors the opportunity to curate their own investment portfolio via the Dacxi platform. We will continue to expand the number and diversity of asset classes available. Tokenisation via blockchain provides the underlying technology to transform investing and massively increase participation. Empowering investors to invest quickly, easily, safely and without all the fees and middlemen involved in traditional asset management is a game changer. Established investors are switching, while a whole new generation of investors are being born” concluded Lowe.