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Gold-Backed Cryptocurrencies Will Enter the Turkish Market

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While Michael Saylor is saying Bitcoin is replacing gold, some companies are trying to leverage the positives of both assets. Merging the power of both gold and blockchain, AgaBullion and Aurus Technologies partnered to release gold-backed digital tokens in the Turkish market.

The Chief Executive Officer of AgaBullion is very optimistic when it comes to the partnership. In an interview, AgaBullion CEO Sarp Tarhanaci said,

According to Tarhanaci, partnering with Aurus gives their company the opportunity to use a blockchain platform that can implement fractional gold ownership in Turkey. In the partners…

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