Royal Mint Blockchain Gold Project Gets BitGo, Alphapoint As Partners

Royal Mint Blockchain Gold Project Gets BitGo, Alphapoint As Partners

Futures trader of the CME Group is teaming up with BitGo and Alphapoint to develop a Blockchain gold solution for the UK’s Royal Mint. Royal Mint Gold (RMG), a development of which is already in progress, aims to “provide a fast, cost-effective and cryptographically secure method of buying, holding and trading spot gold.” “An RMG is a digital representation of real gold sitting in the Royal Mint vaults,” Sandra Ro, head of digitization at CME Group, said in a release. “When you purchase RMGs you will effectively have real gold that is allocated from a direct ownership standpoint that is....


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