Royal Canadian Mint partners with Fintech Goldmoney Inc.

The Royal Canadian Mint has been associated with the company GoldMoney Inc. financial technology to add your secure storage facility in Ottawa precious metals at GoldMoney Network.

With this collaboration, the Ottawa Mint will be added to the Goldmoney Network, thus providing users with a second Canadian storage option after Toronto. Goldmoney Personal and Business users can now instantly purchase any amount of 100% reserved physical gold in the Ottawa Mint vault using Goldmoney’s patented closed-block technology for a charge of 0.50% and receive Free storage of up to 1,000 grams through Goldmoney.

“As a leading fintech company globally, we’re thrilled to collaborate with one of the world’s premier minting facilities,” “We’re proud to add the Royal Canadian Mint to the Goldmoney Network, thereby converting Mint-vaulted gold bullion into an innovative modern-day money stock while expanding our storage and physical delivery offerings.” said Darrell McMullin, CEO of GoldMoney Network.

Network users can also send the gold title to anyone free of charge via text messages or email, exchange their gold balance to a Goldmoney Mastercard prepaid card or a local currency bank account or make wire transfers. Gold from vault to vault between the Mint and seven different vaults of Brink located all over the world through Goldmoney’s web-based dashboard and mobile application for iOS and Android.

Josh Crumb, founder and chief strategist at Goldmoney Inc commented: 

“Through collaborations of this kind, we’re creating innovative ways to match supply and demand of precious metals while further expanding the utility and capabilities of the Goldmoney Network,” “We look forward to working together with the Mint to explore educational co-marketing activities that aim to boost awareness and accessibility of precious metals.”

John Moore, vice-president, sales at the Royal Canadian Mint said about this union: “We’re excited to join the Goldmoney Network and offer Goldmoney and its Network users highly-secure storage services at our vaults in Ottawa,” “We also look forward to working with Goldmoney on future marketing initiatives that demonstrate Canada’s leadership role in the global precious metal industry.”

According to the official statement, Royal Canadian Mint and Goldmoney have also signed an agreement to explore future joint marketing activities.

Sources: Finances Magnates  , fstech

Disclaimer: InfoCoin is not affiliated with any of the companies mentioned in this article and is not responsible for their products and/or services. This press release is for informational purposes only. Information does not constitute investment an advice or an offer to invest.

You may also like...

Leave a Reply

Your email address will not be published. Required fields are marked *