| Title | Finvasia Backs UGold’s Issuer as Token Market Cap Hits $11.5 Billion |
| URL | https://www.financemagnates.com/cryptocurrency/finvasia-backs-ugolds-issuer-as-market-cap-of-the-token-hits-115-billion/ |
| Category | Business --> Business and Society |
| Meta Keywords | Finvasia , Tajinder Singh Virk , Sarvjeet Singh Virk |
| Meta Description | Finvasia invests in Genius Digital Partners to expand UGold, a $11.5B tokenized gold asset, across its global network. |
| Owner | Muskan |
| Description |
| Finvasia has acquired a stake in Genius Digital Partners, the developer behind UGold, a tokenized gold asset now valued at $11.5 billion. The firm plans to integrate UGold across its licenses and distribute it through its global network, including Europe, the UAE, South Africa, the UK, and Australia. |