VNX Gold

What is VNX Gold:
VNX Gold token is an Ethereum-based (ERC 20) digital token that represents ownership in specified physical gold bars purchased and stored in the VNX Gold holder’s name in a highly secured professional vault in the Principality of Liechtenstein.

VNX Gold token holder is the only lawful owner of the underlying gold subject to successful registration, identification and passing anti-money laundering checks on the VNX Platform.

VNX Gold tokens are freely transferrable on the Ethereum blockchain and can be transferred to any wallet supporting the ERC20 standard.

1 VNX Gold = 1 gram of gold.

Quality of Gold:
The gold itself complies with the LBMA (London Bullion Market Association) investment standards, is purchased from professional dealers in precious metals and securely stored in a specialized gold bullion storage facility operated by OZL (Offenes Zollager in Liechtenstein AG, www.ozl.li).

VNX Gold opportunities:
As VNX Gold is backed by real gold bars any VNX Gold holder may (subject to successful registration, identification and passing anti-money laundering checks on the VNX Platform):

- Obtain physical gold bar in the vault (Liechtenstein) or request delivery of gold to a specified address (with a minimum weight of 1 kg!);
- Instruct VNX Commodities AG to sell gold and receive cash proceeds to a bank account or in supported cryptocurrencies;
- Sell VNX Gold on a third-party crypto exchange (subject to availability).

Who is VNX:
VNX Commodities AG (Liechtenstein) is offering services in the sphere of purchase, sale and storage of precious metals, as well as the generation, maintenance, transfer and cancellation of tokens representing a property right to specific precious metal through a technological platform operated by VNX Commodities AG at https://invest.vnx.li (the “VNX Platform”).

VNX Commodities holds the business (trade) license granted by Office of National Economy of the Principality of Liechtenstein.

VNX Commodities AG is registered by the Financial Market Authority (Liechtenstein) in accordance with the Token and Trusted Technology Service Provider Act (TVTG, aka “Blockchain Act”) and acts as a TT Service Provider with the following registration approvals:

- TT Token Generator;
- TT Exchange Service Provider;
- TT Token Depositary;
- TT Key Depositary;
- TT Identity Service Provider.