Singapore Precious Metals Exchange Officially Launches the World’s First End-to-End Platform that Democratizes Precious Metals Investment

SINGAPORE, June 29, 2021 /PRNewswire/ — Singapore Precious Metals Exchange (SGPMX), the world’s first 100 percent physically-backed precious metals exchange, has teamed up with Scottsdale Mint, a manufacturer of precious metal products to 20+ foreign governments, private banks, investors, collectors, and 3rd party bullion dealers to officially launch its […]

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SINGAPORE, June 29, 2021 /PRNewswire/ — Singapore Precious Metals Exchange (SGPMX), the world’s first 100 percent physically-backed precious metals exchange, has teamed up with Scottsdale Mint, a manufacturer of precious metal products to 20+ foreign governments, private banks, investors, collectors, and 3rd party bullion dealers to officially launch its Stacker Market

platform. The platform will allow account holders to buy and sell physically backed, fractionalized gold and silver. Stacker Market

will feature free storage, transfers in/out, trade, redemption, monetization and collateralization of gold and silver holdings, while instantly preserving client wealth in physical bullion.

The article goes on to say that – “Retail and accredited investors continue to seek alternative assets to diversify their investment portfolios amidst the current global economic uncertainty and the volatility of cryptocurrencies. Recently, there has been a flight to gold and silver on the back of near record prices, further solidifying precious metals’ long held reputation as a ‘safe haven’ investment.”

You can read more about this in the original press release.

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