Al Ras Capital International L.L.C-FZ from Dubai has announced the global presale launch of MyGold Token, set to take place tomorrow on GemPad, with a funding goal of $300 million.
Gold Investment for the Digital Age
Gold remains one of the world's most trusted assets, valued at over $12 trillion according to the World Gold Council. However, access to gold investment is often restricted by logistics, storage, and high entry barriers. MyGold addresses these challenges by tokenizing gold into blockchain units, allowing investors worldwide to engage in gold trading as easily as they would with digital assets.
Backed by Real Gold Reserves
A fundamental aspect of MyGold is its commitment to being backed by physical gold. Vaults located in Dubai, Jakarta, and Nairobi comprise its global reserves framework, ensuring that each token represents tangible value. Independent audits and proof-of-reserve reporting will provide transparency and accountability for investors, a rarity in the digital asset sector.
International Corporate Structure
MyGold operates under Al Ras Capital International L.L.C-FZ, based in Dubai, with subsidiaries in Indonesia and Africa supporting vaulting and gold trading operations. The founder, an Indonesian entrepreneur, highlights MyGold not only as a financial innovation but also as a bridge connecting emerging markets to global capital.
The MyGold Token presale launch signifies an important move towards creating accessible and secure gold investments. With real gold reserves backing its tokens and an ambitious funding target of $300 million, MyGold aims to establish a strong foothold in the financial market.
