RMG Royalmint and CME group + BitGo to trade goldsteemCreated with Sketch.

in rmg •  7 years ago 


What is RMG?
RMG is an alternative way to invest in and trade physical gold.

It aims to provide the investment performance of the London Gold Market with the transparency of an exchange-traded asset. Each RMG represents direct ownership of 1g of fine gold, held in the form of segregated London Bullion Market Association (LBMA) Good Delivery bars and smaller gold bars. All gold is held within the highly secure storage facilities inThe Royal Mint’s vault and The Royal Mint acts solely as sub-custodian and has no claim on the gold.

RMG – Partnering with CME Group
The Royal Mint, the world’s leading export mint, and CME Group, the world’s leading and most diverse derivatives marketplace, have combined their expertise with the latest technology, to create RMG. Both The Royal Mint and CME Group are synonymous with integrity and accuracy and both are committed to innovation and security, using a blockchain ledger to record all RMG transactions.

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