Page 18 - Bullion World Volume 03 Issue 07 July 2022

Bullion World | Volume 2 | Issue 07 | July 2022

Vaultex: World’s first institutional

grade and entirely cloud-based

digital exchange

Can you explain your company derivatives, and tokenizable assets,
and business model? subject to regulatory approval.
Vaultex operates a high-speed The Company has a very
gold spot exchange (the “Vaultex experienced management team
Exchange”) through its wholly- with combined more than 100
owned subsidiary, Vaultex Exchange years of experience in different
Pte. Ltd., based in Singapore. areas of capital markets and
The Vaultex Exchange is a 100% commodities trading. In particular,
asset-backed, allocated spot gold the management team brings
exchange that combines regulatory senior expertise to securities
compliance with blockchain and trading firms. In addition to
technology to facilitate asset trading, investment banking, and
tokenization and a secondary commodities experience, the
trading platform for institutional and management team has expertise
accredited investors around the in technology development in the
globe, where regulations allow. The financial services industry. The
Vaultex Exchange will have virtually personal and professional networks

Mr Jeffrey Premer unlimited opportunities to expand of the management team have
CEO & Director, Vaultex its offerings in the future to include greatly accelerated the development
other commodities, securities, of the relationships to launch the
Vaultex Exchange and facilitate
trading.
However, it is essential to note that
although the Vaultex Exchange
utilizes blockchain technology to
store data and facilitate transactions
securely, it is fundamentally different
from a cryptocurrency exchange.
The Vaultex Exchange is a spot
market for physical assets tokenized
for security, instant settlement, and
efficiency. The Vaultex Exchange
does not trade cryptocurrencies or
similar digital assets and is not a
custodian of any cryptocurrency or
similar digital assets.

18