Articles from BlocPal International Inc.

BlocPal International Inc., and VNX Commodities AG today announced a strategic partnership to launch BPG1, a gold-backed digital token generated under a regulated framework. Each BPG1 token is fully backed by one troy ounce of 99.5% fine gold, sourced from the London Bullion Market Association (LBMA) certified bars and held in segregated, insured vaults. BlocPal’s European operations, through its Irish entity, have partnered with VNX Commodities AG, a licensed Trusted Technology (TT) Service Provider under Liechtenstein’s Token and Trusted Technology Service Provider Act (TVTG), to support compliant token generation and secure gold custody for the BPG1 program.

BlocPal International Inc., a digital transaction platform that makes financial services more affordable and accessible, has officially launched a unique physical and digital (“phygital”) financial services marketplace with its Indian subsidiary mBnk.