Goldmoney Adds the Royal Canadian Mint to Vault Network

Goldmoney (TSX:XAU) and the Royal Canadian Mint today unveiled a collaboration focused on the addition of the Mint’s secure precious metal storage facility in Ottawa to the Goldmoney Network and an agreement to explore future co-marketing activities. As of today, Goldmoney Personal and Business users can now instantly purchase any amount of 100 percent reserved physical gold in the Mint’s Ottawa vault using Goldmoney’s proprietary, closed-loop blockchain technology, for a 0.50 percent fee and receive free storage for up to 1,000 grams through Goldmoney.
As quoted in the press release:

The first of several developments to come from the collaboration, the addition of the Mint’s Ottawa vault to the Goldmoney Network provides users with a second Canadian storage option, after Toronto.
Network users can also send gold title to anyone for free via text message or email, redeem their gold balance to a Goldmoney Mastercard Prepaid card or bank account in local currency, or make vault-to-vault gold transfers between the Mint and seven Brink’s vault locations located around the world via Goldmoney’s web-based Dashboard and mobile app for iOS and Android.

Click here for the full text release.