VNX
VNX (VNX Commodities AG) is a Liechtenstein-based company registered by the Financial Market Authority (FMA) under the Blockchain Act. VNX generates gold-backed tokens VNX Gold (VNXAU) and fiat-referenced tokens VNX Euro (VEUR), VNX Swiss Franc (VCHF) and VNX British Pound (VGBP).
VNX has its native digital platform that allows clients through its exchange service to easily buy and sell stablecoins for fiat or crypto.
Key points
- Up only! Literally. Your investment cannot lose - you can sell your tokens at the purchase price in perpetuity.
- Amid geopolitical tensions, VNX brings a sought-after variety of fiat currencies and commodities on-chain!
- VNX (VNX Commodities AG) is a Liechtenstein-based company registered by the Financial Market Authority (FMA) under the Blockchain Act.
- Led by a team of highly experienced individuals, spanning expansive experience in banking.
Other useful links:
- SwissBorg Alpha Term Sheet (COMING SOON)
- More info about the Protected Floor strategy
Team
Funding
Partners
FAQ
Q: How do I access the VNX vault?
A: You need to have downloaded the SwissBorg app and hold at least 100 BORG in the app, to be able to start your Borger Journey.
Q: Where are the assets stored?
A: The gold that underlies VNX Gold, is physically stored in a segregated storage in a high-security vault in Liechtenstein – a country known for its stable economy, the highest S&P AAA rating, and a member of the EEA. When Fiat-Referenced-Tokens (FRTs) are issued, the reserve is created and managed.
This means that for every FRT issued by VNX and remaining in circulation, VNX will hold an equivalent amount of reserve. The reserve is managed and kept in the banks of Liechtenstein and Switzerland.
Q: Who owns the physical gold underlying the VNX Gold?
A: The holder of VNX Gold is the only lawful owner of the respective underlying gold.
Q: How can I check that there are actual reserves backing stablecoins?
A: You may find all relevant information about the reserves at VNX Transparency webpage https://vnx.li/transparency/. The team regularly publishes audit reports from the independent auditors and basic statistics about the VNX Gold, VNX Euro, VNX Swiss Franc and VNX British Pound.
Q: What are the advantages of VNX stablecoins?
A: Fiat-referencing stablecoins are generated by the licensed company. VNX Commodities is registered as TT Service Provider with the Financial Market Authority Liechtenstein (FMA), namely as Token Generator, TT Exchange Service Provider, TT Token Depository, TT Key Depository, TT Depositary and TT Identity Service Provider. The registrations can be checked at the official website of the FMA: https://fmaregister.fma-li.li/search.
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