Digix is the leading asset tokenization company on the Ethereum blockchain.
At Digix, the current aim is to tokenize a safe haven asset that sees universal recognition and demand. In bringing this to the cryptocurrency world, they introduce an element of stability and tangible value that can be easily traded and transformed into other utilities.
The journey began in 2014 and the team has accomplished much since then. This includes being the first company to conduct a crowdsale on the Ethereum blockchain where 465,134 ETH was raised in March 2016 - the DigixDAO (DGD, tradable on Binance, Huobi Pro) was born. In April 2018, the company released its first asset token, DGX.
DGX is a gold-backed token where 1 DGX represents 1g of 99.99% gold bullion that is stored in an independent and reputable vault and supplied by recognized precious metals dealers in Singapore. The gold ownership chain beginning from the bullion supplier, to the custodial holder and through to the independent audit process are fully public via the blockchain and IPFS document storage.
More information can be found on the company website and regular updates from their various social media channels. Digix Company website and other useful links: