GMEX Group Acquires a 30% Stake in USAVE Blockchain
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GMEX Group Acquires a 30% Stake in USAVE Blockchain
USAVE Blockchain has announced today that it has partnered with GMEX Group, a provider of multi-asset exchange and post-trade technology. Together, the two companies plan to build the digital Monaco Gold Spot Exchange (MGX).
According to the statement, MGX will allow investors to trade physical gold fairly and on a secure exchange. To create the exchange, GMEX will provide its GMEX Fusion technology suite as part of its Market Advancement Program.
GMEX CEO becomes Director of USAVE
As part of the agreement, GMEX has acquired a 30% stake in USAVE. In addition, Hirander Misra, Chairman & CEO of GMEX ... (read more)
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