Explore Companies BySectors & Categories
Explore Companies ByUse Cases
Explore Companies ByProducts & Services
Explore Companies ByRankings & Reviews
Featured NewsCompaniesMarketsCryptoTechRegulatoryCommentaryUKUSWorldMore

    Latest Wires

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy

      Samsung Goldex Announced to Establish Gold & Crypto Asset Bank

      Published: just now

      Samsung Goldex Announced to Establish Gold & Crypto Asset Bank

      September 13, 2022 - Samsung Goldex announced that it will actively promote the establishment of "Gold & Crypto Asset Bank", a new decentralized financial institute, combining the conventional gold exchange with the DEX.

      Goldex Team 1200x400.png

      The Samsung Goldex team

      More specifically, the blockchain-based ledger is introduced in the gold market to cover digital gold platform and gold NFTs, as well as gold money, the traditional valuable assets. Samsung Goldex has signed the number of memorandum of agreements (MOAs) with banks and conglomerates in major cities worldwide, such as in Japan, China, India, Bangladesh, Nepal, Indonesia, the Philippines, Thailand, Vietnam, the Middle East (Bahrain GCC), and Africa.

      They further plan to create a blockchain ecosystem in cooperation with the Dash Gold Foundation in Indonesia and the Philippines. To support the framework of Samsung Goldex, Dash Gold Foundation has entered into partnership agreements with SADAD in Bahrain, Mandiri Bank in Indonesia, and Union Bank of the Philippines, as well as technical agreements (mainnet-based DEX standard) on blockchain with Bitmain and bmaill.

      The cryptocurrency exchange, with Gold Stable Coin and Gold Token to be produced later, will be governed by the Samsung Goldex Foundation.

      "The new attempt to establish Gold & Crypto Asset Bank, combining gold exchange and DEX, is expected to bring new vitality to the blockchain investment market based on stability and liquidity of gold even in recession and cryptocurrency downturn," said the official of Samsung Goldex.

      Meanwhile, the Samsung Goldex Foundation, Family Japan, and POS signed a contract for blockchain business and "Gold & Crypto Asset Bank" of Samsung Goldex Foundation. The three companies plan to initiate a decentralized banking business combining gold exchange and DEX in major global cities as well as Japan and India.

      We're the largest marketplace to connect with brokers, Fintech companies & digital asset firms. Want to partner? Let's get in touch.

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
      Comments
      Most Recent
      Written By
      profile image formember on LiquidityFinder
      Founder & CEO, LiquidityFinder

      Founder of LiquidityFinder. 25+ years in Financial Markets technology. Now building the world's financial markets social network / marketplace.

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy
      RSS Feeds

      Create a custom RSS Feed

      Select the categories and companies you wish to follow directly to your person rss feed.

      Create Custom RSS Feed

      Related Categories:

      Related Tags:

      #SamsungGoldex#GoldCryptoAssetBank#GoldStableCoin#DecentralizedExchange#Blockchain#DashGoldFoundation#GoldNFTs#AssetTokenization

      Related Articles:

      Find The Right Partners for
      Your Trading Business

      Sign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!

      Sign Up with LinkedIn
      Create Your FREE Account
      Get access to latest news, updates, real-time data, brokerage and trading firm insights and customized information feeds.

      As the brokerage industry becomes increasingly complex, conversations are shifting from growth alone to operational control, risk visibility, and resilience. IFX Expo International 2026 in Limassol provides a valuable opportunity for industry professionals to exchange ideas and explore the challenges shaping the next phase of brokerage operations.

      just now

      XS.com has appointed Omar Alaa as MENA Marketing Director. Alaa brings experience in digital acquisition, paid media, and regional brand development, and will oversee campaign execution and audience engagement across the Middle East and North Africa.

      just now

      MEXC has launched Combo, a new prediction markets feature enabling users to combine up to 20 event predictions across sports and crypto into a single order. The exchange says it is the first centralised platform to offer multi-event combination trading globally.

      just now

      Swap rates are one of the most frequently mismanaged aspects of MetaTrader platform operations. Set them incorrectly and you expose your brokerage to unnecessary costs, client complaints and compliance risk. This guide explains how swaps are calculated on MT4 and MT5, the most common mistakes brokers make when updating rates, best practices for staying aligned with interbank rates, and how automated swap management tools eliminate the manual workload entirely.

      just now

      Discover the latest AUD/JPY price action analysis. Are we looking at a massive AUD/JPY sell setup? Read my technical breakdown to find out!

      just now

      Will the index can maintain this level before the SpaceX IPO

      just now

      Master your trading psychology to boost profits. Learn why avoiding overtrading and waiting for high-quality setups is the secret to long-term success.

      just now

      Fed hike bets hit 70%+ as May CPI drops this morning — and EUR/USD is sitting on channel support ahead of Thursday's ECB decision.

      just now

      Devexperts has added a Risk Reward drawing tool to its DXcharts financial charting library. The tool displays potential profit and loss for long and short positions, enabling traders to visualise trade outcomes and place orders directly from the chart.

      just now

      Sky Links Capital has launched a Gold AM/PM Fixing service alongside expanded gold options and perpetual weekend trading, giving clients access to LBMA benchmark pricing and a broader suite of instruments to manage gold exposure and execute hedging strategies.

      just now
      Feed