Built on Paxos’ flagship blockchain settlement platform, Bankchain Precious Metals brings instant settlement and simultaneous delivery versus payment to the London bullion market.
Precious Metals Starting with Gold
DIGITIZING PHYSICAL GOLD
Bankchain's innovative digitization process turns physical gold into a digital asset that can move at electronic speed. Bankchain Precious Metals improves operational efficiency, reduces capital charges and opens new opportunities for market participants
Unlocking New Opportunities
Fast, Dynamic Trading
Instant settlement, frictionless movement of gold globally
Simultaneous Delivery vs Payment for Gold
Simultaneous movement of bullion and payment reduces counterparty risk
Best of Unallocated and Allocated Gold
Settle in non-standard bar sizes with perfected ownership and less uncertainty
New Cost Savings
Reduced capital charges, increased operational efficiency through automation
Pledge Gold as Collateral Globally
Gold Trading that Follows the Sun
Digital gold can be used as eligible collateral all over the world without leaving the vault. Many global exchanges and clearinghouses accept gold as collateral for trading across multiple asset classes, not just in precious metals.
A trader begins the day by using a digital gold to meet margin requirements for trading in Hong Kong. Once positions have been flattened, the metal can be transferred digitally, through Bankchain Precious Metals, for reuse in London, New York and other global financial centers during the same trading day.