VNX Gold (VNXAU) is a token that represents physical gold, combining the enduring value of gold with the cutting-edge technology of blockchain. Each VNXAU token corresponds to one gram of physical gold, securely stored in a high-security vault in Liechtenstein. This gold is certified by the London Bullion Market Association (LBMA), guaranteeing its authenticity and quality. The token is available on multiple blockchains, such as Ethereum and Q, which enhances its accessibility and flexibility within the cryptocurrency ecosystem. VNX Gold is issued by VNX Commodities, a company regulated by the Liechtenstein Financial Market Authority (FMA) under the Tokens and TT Services Providers Law (TVTG). This regulatory framework provides an additional level of security and trust for investors. Owning VNXAU offers the benefits of physical gold, including protection against inflation and market volatility, while also providing the convenience and liquidity of digital assets. The tokens can be traded on various exchanges, such as LBank and EMIREX, and are also available on the VNX platform. Liechtenstein, where the gold is stored, is renowned for its stable economy and AAA rating by S&P, which further ensures the security of the asset. The multichain capability of VNX Gold allows seamless integration with different blockchain networks, paving the way for future developments and use cases. For comprehensive details, visit Eulerpool.

The technology underpinning VNX Gold (VNXAU) is a remarkable convergence of traditional asset backing with advanced blockchain innovation. At its essence, VNX Gold employs tokenization, a method that transforms physical assets into digital tokens on a blockchain. Each VNXAU token equates to one gram of physical gold, certified by the London Bullion Market Association (LBMA) and securely stored in a high-security vault in Liechtenstein. VNX Gold operates on two primary blockchains: Ethereum and Q. Ethereum is renowned for its strong smart contract capabilities, allowing the creation and execution of self-executing contracts with the terms embedded directly into code. This ensures that transactions involving VNXAU tokens are transparent, immutable, and automated, reducing the need for intermediaries and minimizing the risk of human error. Conversely, the Q blockchain provides a decentralized cloud and distributed ledger technology. This configuration enhances the security and scalability of VNXAU transactions. The distributed ledger technology ensures all transaction data is replicated across multiple nodes, making it virtually impossible for malicious actors to alter the records without detection. The decentralized nature of the blockchain offers a high level of security against attacks, as there is no single point of failure. A major advantage of VNX Gold is its ability to serve as a store of value, protection against volatility and inflation, and offer high liquidity. These benefits arise from its backing by physical gold, a historically stable asset. The digital nature of VNXAU tokens facilitates easy transfers and trading, merging the stability of gold with the convenience of digital assets. However, the technology behind VNX Gold encounters challenges. Manual and outdated processes can at times impede the efficiency of token transactions. Furthermore, anti-money laundering (AML) checks are essential to ensure adherence to financial regulations, which can introduce additional complexity to the system. VNX Commodities, the company behind VNX Gold, is registered with the Liechtenstein Financial Market Authority (FMA) under the Tokens and TT Services Providers Law (TVTG). This regulatory oversight ensures that the issuance and management of VNXAU tokens conform to stringent legal standards, adding an extra layer of trust and security for investors. The multichain strategy of VNX Gold allows for adaptability and future growth. As the company continues to develop new use cases and integrate with other blockchains, the potential applications for VNXAU tokens could expand, providing even more utility and value to users.

VNX Gold (VNXAU) is a multichain token fully backed by physical gold certified by the London Bullion Market Association (LBMA). Each VNXAU token is equivalent to one gram of physical gold stored in a high-security vault in Liechtenstein. This arrangement offers a unique combination of the traditional benefits of gold investment with the flexibility and convenience of digital assets. VNX Gold is primarily used as a store of value. Gold is historically seen as a safe-haven asset, and VNXAU extends this stability to the digital realm. By holding VNXAU, investors can protect their capital against inflation and economic volatility, leveraging the historical reliability of gold. Additionally, VNX Gold acts as a hedge against market volatility. During periods of economic uncertainty, gold prices tend to remain stable or rise, making VNXAU a strategic asset for diversifying investment portfolios. This digital token allows investors to acquire gold quickly and easily, without the logistical challenges of physical storage. Another important application is the generation of fiat-referencing stablecoins. Using VNXAU as collateral, users can create stablecoins pegged to fiat currencies, offering a stable medium of exchange in the volatile cryptocurrency market. This feature is particularly beneficial for traders and businesses seeking to mitigate risk. VNX Gold also facilitates the transfer of gold ownership. Traditional gold transactions can be cumbersome and time-consuming, but VNXAU enables swift and secure transfers of gold-backed tokens across blockchain networks. This ease of transferability is practical for international transactions and remittances. Furthermore, VNX Gold provides high liquidity. Unlike physical gold, which can be challenging to sell quickly, VNXAU tokens can be traded on various cryptocurrency exchanges. This liquidity ensures that investors can convert their holdings into cash or other assets with minimal delay. VNXAU tokens are issued on both the Ethereum and Q blockchains, ensuring robust security and broad accessibility. VNX Commodities, the company behind VNX Gold, is registered with the Liechtenstein Financial Market Authority (FMA), adding a layer of regulatory oversight and trust. These features make VNX Gold a versatile and practical asset in the modern financial landscape. For more information, refer to Eulerpool.

VNX Gold (VNXAU) distinguishes itself in the cryptocurrency sector by providing a multichain token fully backed by physical gold, certified by the London Bullion Market Association (LBMA). Each VNXAU token equates to one gram of physical gold, securely stored in a high-security vault in Liechtenstein. This gold tokenization offers the advantages of a stable store of value, protection against volatility and inflation, and high liquidity, all while maintaining the convenience of digital assets. In October 2022, VNX Gold achieved a significant milestone by being listed on LBank. This listing was critical in enhancing the token's accessibility and trading volume, thereby boosting VNX Gold's visibility and credibility within the cryptocurrency community. March 2023 witnessed the release of an educational video by VNX Gold about investing in gold. This initiative aimed to educate potential investors and the general public about the benefits of investing in gold through digital tokens. The video highlighted the advantages of VNXAU, including its physical gold backing and secure storage in Liechtenstein. In November 2023, VNX Gold expanded its presence by being listed on the Solana blockchain. This strategic move leveraged Solana's high throughput and low transaction costs to deliver more efficient and cost-effective transactions for VNXAU holders. The integration with Solana also showcased VNX Gold's commitment to embracing new technologies and broadening its ecosystem. VNX Gold has been gathering momentum in both the US and European markets, driven by its unique approach to tokenizing physical gold. The steady rise in price and trading volume reflects increasing investor interest and confidence in the token. The issuance of the token on Ethereum and Q blockchains further emphasizes its versatility and the company's continued efforts to develop new use cases across various blockchain platforms. VNX Commodities, the entity behind VNX Gold, is registered with the Liechtenstein Financial Market Authority (FMA) under the Tokens and TT Services Providers Law (TVTG). This regulatory compliance ensures that VNX Gold operates within a robust legal framework, providing additional assurance to investors regarding the token's legitimacy and the security of their investments. These key developments highlight VNX Gold’s strategic efforts to enhance its market presence, educate investors, and leverage advanced blockchain technologies to provide a secure and efficient digital asset backed by physical gold.

VNX Gold (VNXAU) is a multichain token comprehensively backed by physical gold and certified by the London Bullion Market Association (LBMA). Founded by Alexander Tkachenko and his team at 2be.lu, Tkachenko is an experienced entrepreneur with a robust background in venture capital and fintech. In developing VNX Gold, Tkachenko utilized blockchain technology to tokenize physical gold, offering a secure and liquid asset. This token is issued on the Ethereum and Q blockchains, with VNX Commodities managing its issuance and services under the regulation of the Liechtenstein Financial Market Authority (FMA).