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CATEGORY: aurus


Taurus Launches Interbank Network for Regulated Digital Assets

Author: Mwongera Taitumu
Estonia
Apr 10, 2025 02:30

Taurus Launches Interbank Network for Regulated Digital Assets

Taurus, a Swiss fintech company, launched an interbank digital asset network for regulated financial institutions. The Taurus Network (TN) seeks to improve collateral movement, fast settlements, and reduced risks between counterparties in digital asset transactions. Additionally, TN will provide digital assets, capital, and liquidity management for its member institutions. The TN platform links financial institutions […]

Mar 05, 2025 02:30

BankPozitif Joins Crypto Boom with Powerful Custody Solution for BTC & ETH: Report

Key Takeaways Turkey’s leading digital bank, BankPozitif, has taken a major leap into the crypto market with the news of a partnership with Swiss crypto platform Taurus. The collaboration will allow the bank’s institutional customers to securely store their digital assets under the bank’s custody service. With increasing demand for the safety of digital assets, […]

Aurus Activates Ecosystem Rewards – Earn Gold, Silver, and Platinum on the Blockchain...

Author: noreply@blogger.com (Silicon Valley Newsroom)
United States
Apr 12, 2022 04:20

Aurus Activates Ecosystem Rewards – Earn Gold, Silver, and Platinum on the Blockchain...

 


UNITED KINGDOM / APRIL 11 2022 / Aurus, the digital metals advocate empowering precious metals with blockchain technology has today launched its highly-anticipated reward system as part of its V2 Ecosystem upgrade. Investors in AurusDeFi (AWX) and Aurus precious metals partners will start earning passive rewards in Aurus precious metals-backed tokens: AurusGOLD, AurusSILVER, and AurusPLATINUM. 

Tokenization is the digitalization of an asset such as gold on the blockchain, where each token represents (fractional) ownership of the underlying asset. In the case of Aurus, 1 AurusGOLD (AWG) is 1:1 backed by 1 gram of physical gold, stored in audited and insured vaults globally.

Empowering Precious Metals with Blockchain Technology

Aurus provides a Tokenization-as-a-Service solution to the precious metals industry, enabling established precious metals dealers to tokenize their gold, silver, and platinum bullion on the blockchain. Aurus precious metal tokens offer investors the opportunity to own physical precious metals, easily, 24/7, and at minimal cost via the newly launched Aurus Mobile App

Upon activation of the fee system, Aurus bullion providers will start paying token minting fees, while modest transaction fees are charged to investors of tokenized precious metals. The fee structure is as follows: 

AurusGOLD (AWG)

- Transaction fee: 0.18%, Minting fee: 0.5%

AurusSILVER (AWS) and AurusPLATINUM (AWP)

- Transaction fee: 0.18%, Minting fee: 1%

Aurus Ecosystem Rewards – Launching April 2022

All accumulated Aurus token fees are proportionally distributed to Ecosystem stakeholders. With the launch of AWX Stake & Claim, 50% of AWG and 30% of AWS and AWP fees are distributed to the holders of AWX tokens. Aurus minting partners receive the other 50% of AWG and 70% of AWS and AWP fees for allocating precious metals to the platform. 

AurusDeFi (AWX) is the Aurus Ecosystem utility token limited to a total supply of 30 million units. AWX entitles its holders to earn ongoing rewards in Gold (AWG), Silver (AWS), and Platinum (AWP) based on the activity and fees generated within the Aurus Ecosystem.

“Everything is going digital. With Aurus, we at Direct Bullion can offer our clients a new digital product and execute frictionless settlements starting from as little as 1 gram. We are able to attract new customer demographics and access recurring revenue streams, instead of one-off premiums” — Paul Withers, CEO at Direct Bullion

“Everyone should have access to a reliable form of wealth. Aurus is democratizing access to precious metals by facilitating easier and cost-efficient ownership through blockchain technology. Creating a more inclusive and efficient precious metals market.” — Guido van Stijn, Managing Director at Aurus

About Aurus

Aurus provides the software, network, and crypto infrastructure for global precious metals businesses to merge with the future of finance, in the form of DeFi and Web3 applications — offering high-tech products, a huge addressable market, and passive revenue streams.

Website: www.
Aurus.io

Media Contact:
Jelle Rijnink - Marketing Manager
jelle.rijnink@aurus.io


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Information Provided via Press Release
The Crypto Press Association | Crypto & NFT Press Release Distribution

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Feb 25, 2022 01:35

Aurus & Coorest: Offsetting the Carbon Footprint in the Precious Metals Market with Sustainable Investments | by Aurus | Aurus Blog | Feb, 2022

Aurus x Coorest CARDIFF, UK — Aurus has partnered with Coorest, a European blockchain company that is building a decentralized platform for real-world linked NFTrees, with the aim of reducing CO2 emissions globally. Through the tokenization of trees, CO2, and issuance of PoCC (Proof of Carbon Compensation) certificates, Coorest enables a transparent and globally accessible […]

How digital bonds could reshape debt markets and cut borrowing costs

Author: Cointelegraph by Josh O'Sullivan
United States
Oct 27, 2024 12:00

How digital bonds could reshape debt markets and cut borrowing costs

Lamine Brahimi discusses how blockchain-based government bonds could revolutionize debt markets, with benefits including lower borrowing costs and efficient settlements.

Taurus, Chainlink collaborate to facilitate institutional tokenization

Author: Cointelegraph by Josh O'Sullivan
United States
Oct 03, 2024 12:00

Taurus, Chainlink collaborate to facilitate institutional tokenization

Taurus teams up with Chainlink Labs to address challenges related to tokenized assets, including cross-chain mobility, data integration and security.

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