Advancing Its Tokenized Gold Initiative V.WFLD -
Wellfield previously announced the upcoming launch of its tokenized gold ecosystem, leveraging its recent acquisitions of Brane Trust and Tradewind Markets.
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Wellfield aims to transform gold - one of the world's most enduring and recognized assets - into a financial product on Ethereum.
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Combining tokenized gold with its proprietary decentralized financial services, Wellfield will offer a unique and undeniable investment - principal protected yield on gold - made accessible for blockchain native and traditional investors.
Toronto, Ontario--(Newsfile Corp. - February 1, 2024) - Wellfield Technologies Inc. (TSXV: WFLD) (FSE: K8D) (the "Company" or "Wellfield"), following the press release of its tokenized gold initiative, is thrilled to unveil a unique offering in its Ethereum-based gold ecosystem - principal protected yield on gold. This innovative financial product is made possible by the Company's proprietary decentralized financial services and is designed to attract a broad range of investors, appealing even to those who have traditionally shied away from gold due to its lack of cash flow and associated holding costs. The introduction of safe and secure yield on gold marks a significant shift in the gold investment paradigm, led by Wellfield Technologies.
Wellfield Technologies Inc. Advancing Its Tokenized Gold Initiative - Announcing Yield on Gold (newsfilecorp.com)