UK, 7th March 2019 – With the conclusion of Phase 5 of the Open Aurum Token’s STO, Aurum Asset Management is proud to announce that Security Token Offering (STO) for the OA Token has been successfully completed.
Open Aurum Token’s STO was carried out in 5 phases and enjoyed overwhelming market support throughout, with Phase 5 being over-subscribed by 142%.
With the successful completion of the Open Aurum Token’s STO, the public listing process for the Open Aurum (OA) Token will commence shortly.
Open Aurum [ GOLD ] is a gold-mine backed token which aims to provide financing to Artisanal Small Gold Mines (ASGM) around the world, in exchange for a portion of their production.
Aurum Asset Management is a UK based company that is on the frontier of bringing real world assets into the digital realm using the blockchain. Aurum Asset Management is behind the revolutionary Open Aurum platform, which is responsible for the creation, marketing and listing of the Open Aurum token (GOLD), which will be backed by and pegged to the output from Artisanal Small Gold Mines, as well as the Stable Gold token (GLDS) which is a stable coin linked to the physical gold at 1 token per gram of 99.99 gold.
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