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Gold Hits the Blockchain Market, Per CoinShares

CoinShares, a digital asset manager, will put gold on the blockchain bitcoin market. So reports Coindesk.

The network will offer more than $20 million in the bullion located in a Swiss vault to back its tokens. According to information from CoinShares Chairman Danny Masters, its network security will be based on bitcoin's state, and DGLD will operate as "a sidechain of the bitcoin network." The product will be available in more than 200 countries.

Read the full article from Coindesk.

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