Perth Mint Gold Token (PMGT)

Perth Mint Gold Token (PMGT)

Coin Information

Blockchain icon Blockchain: Ethereum
Ticker icon Ticker: PMGT
Type icon Type: Token
Asset or Contract address icon Contract:

Market Cap

$1 073 400

Fully Diluted Valuation

$1 955 190 430

Supply

Circ icon Circ.: 549(0%)Question Mark Icon
Total icon Total: 1 000 000
Max icon Max: 1 000 000

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Price Chart

PMGT to USD Price Converter

What is Perth Mint Gold Token?

What Is PMGT?

“Perth Mint Gold Token (PMGT), launched in October 2018, is an ERC20 token developed and issued by InfiniGold. Each unit represents 1 fine troy ounce of physical gold securely stored in The Perth Mint’s central bank grade vaults. 


PMGT is a tokenised version of GoldPass certificates issued by The Perth Mint. GoldPass is The Perth Mint‘s full-service gold investment platform that digitises physical gold in the form of digital certificates. 


PMGT is tradeable on Independent Reserve, transferable peer to peer, and enables a smart contract proving your title of gold held at the Perth Mint. “


Who Are the Founders of PMGT?

“PMGT is an InfiniGold product, issued by InfiniGold, while GoldPass is a Perth Mint product. The Perth Mint is the custodian of the underlying physical gold behind all GoldPass digital certificates, including those held by InfiniGold which back PMGT.”


What Makes PMGT Unique?

“PMGT is 100% backed by gold held and stored in The Perth Mint’s central bank grade vaults, where the weight and purity of every ounce is guaranteed by the Government of Western Australia. This makes PMGT the first gold-backed token on a public blockchain whereby the physical gold is government guaranteed.


As PMGT is a tokenised version of GoldPass certificates backed by physical gold held in The Perth Mint’s inventory, the issuance of PMGT can seamlessly scale up to billions of dollars’ worth of tokens.

Free of recurring storage or management fees, PMGT offers institutional investors a competitive alternative to traditional gold products, with the additional benefits of real-time 24/7 trading, a cryptographically secure instant settlement enabled by blockchain technology, and fewer intermediaries.”

Frequently Asked Questions

The current price of Perth Mint Gold Token PMGT is 1955.19 USD.
The circulating supply of Perth Mint Gold Token is 549.
Perth Mint Gold Token (PMGT) has an infinite supply.
Perth Mint Gold Token (PMGT) has an infinite supply.
Perth Mint Gold Token is a decentralized coin.
Perth Mint Gold Token is a token running on the Ethereum blockchain.
Perth Mint Gold Token reached an all-time-high of 2073.56 USD on 9 Mar 2022.
The contract address of Perth Mint Gold Token is 0xaffcdd96531bcd66faed95fc61e443d08f79efef.

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