Perth Mint Gold Token (PMGT)
The Perth Mint Gold Token (PMGT) is the first digital gold token on a public blockchain ultimately backed by government guaranteed gold.
PMGT is a secure way to trade in cryptocurrency because each digital token backed by physical gold held by The Perth Mint. Find out more about PMGT.
How is PMGT backed by physical gold?
The Perth Mint is the custodian of the physical gold which ultimately backs each PMGT. Each token is backed 1:1 by a GoldPass digital gold certificate issued by The Perth Mint. Each digital gold certificate is in turn 100% backed by physical gold stored by us.
What is GoldPass?
GoldPass is a Perth Mint app which allows investors to instantly and securely buy, sell and transfer physical gold via digital certificates that are 100% backed by physical gold held by The Perth Mint.InfiniGold holds GoldPass certificates directly with The Perth Mint.
The Government of Western Australia exclusively guarantees the gold held by The Perth Mint which underlies all GoldPass certificates*.
* For the avoidance of doubt, The Perth Mint does not guarantee the Trovio-issued PMGT or Trovio’s operation of PMGT on the blockchain. It only guarantees the gold securely held by The Perth Mint, which underlies all GoldPass certificates.