Arowana (arw)

Arowana (ARW) is an innovative cryptocurrency that bridges the gap between physical gold and the world of decentralized finance (DeFi). This platform leverages the principles of tokenization to create a gold-backed digital asset known as the Asset-Backed Gold Token (AGT). Each AGT token represents a 1:1 backing of LBMA-certified gold, allowing for secure and transparent ownership of physical gold on the blockchain. The entire process includes real-time verification of gold reserves through Chainlink’s Proof-of-Reserve, ensuring that each token is always fully collateralized by actual gold stored in secure facilities.

Arowana’s approach integrates a legally separate Special Purpose Corporation (SPC) structure to hold the physical gold, eliminating exposure to platform-related risks. This arrangement guarantees users full protection of their assets, thereby enhancing trust and security in the management of physical gold holdings. The redemption feature available for AGT allows users to convert their tokens back into physical gold at any time, providing a direct connection between digital assets and tangible value.

The platform not only addresses the inefficiencies prevalent in traditional gold trading, such as high storage costs and fraud risks, but it also introduces seamless accessibility for global users. Arowana enables anyone to mint, hold, and redeem gold without the need for intermediaries, fostering an inclusive financial ecosystem. By integrating these features into DeFi infrastructure, Arowana positions itself as a leader in real-world asset integration, aiming to empower users to leverage gold in a modern financial landscape.