Cryptocurrency Ixinium XXA's base value is backed by The Ixinium Foundation's precious metals holdings, unlike fiat currencies or fiat currency based on so-called stable coins.
"Precious metal holdings are audited on a daily basis by Gold Bullion International (GBI) approved vaulting partners. An audit report containing bar lists is sent to GBI by the vaulting partners. In addition, an internationally recognized auditing firm audits all of the precious metal holdings on a quarterly basis. Each broker-dealer will confirm precious metal bar holdings with GBI on an aggregate basis and report individual holdings at the customer level through their existing platform."
"All market rates relating to precious metals are retrieved in real-time from Gold Bullion International (GBI), who maintains a private pricing feed for The Ixinium Foundation's accounting company based upon rates they (accounting company) have negotiated with GBI. They are committed to spread-free rates for all value stores on their platform."
"Currently, precious metals are stored on behalf of clients in protected and insured vaults in New York, London, Zurich, Singapore and Australia. In the future, Gold Bullion International (GBI) may choose to offer other storage locations based on feasibility, security and customer preferences. All precious metal transportation and storage is fully insured by GBI’s vaulting partners through Lloyd’s of London."
GBI provides the safest and most reliable services for investors to buy and store physical precious metals. Precious metals purchased through GBI are manufactured by refiners recognized by the LBMA for their production of good delivery bars. Investors own the actual physical metal in allocated private accounts which are verified by an independent accounting firm with holdings and valuations reported on a daily basis.
Precious metals purchased through GBI are manufactured by refiners recognized by the LBMA for their production of good delivery bars.
Through GBI’s proprietary network of institutional dealers and refiners, clients are ensured that they are getting the most competitive prices in the market.
Gold Bullion International