Legaltech pioneers Mattereum, and Sempsa JP (Madrid), a globally renowned precious metals producer, today announce their strategic partnership aimed at transforming the crypto investment landscape.
Mattereum and Sempsa JP will work together to empower users to buy, sell, and trade gold bars with unprecedented ease, confidence and security using Ethereum. Mattereum’s technology and unique legal provisions will ensure the seamless integration of gold bars onto a fully regulated exchange as Stable NFTs. The MATR token makes available significant discounts for users wishing to take advantage of this new opportunity. Those looking for stability will be able to move crypto holdings into certain and vaulted gold bullion.
Each gold bar’s unique properties and ownership records will be securely stored on the blockchain, providing investors with immutable proof of ownership and provenance so that every token has a traceable, legally enforceable, connection to a specific gold bar in a named vault. This will offer unparalleled security, transparency, and accessibility to users worldwide under the protection of international law in over 170 jurisdictions.
The integration of Sempsa’s gold with Mattereum’s blockchain innovation creates a new opportunity for crypto investors. Gold bought on a “one Stable NFT per numbered allocated vaulted bar protected by a Mattereum Asset Passport'' basis is a significantly better class of asset than dollar denominated stablecoins.
Dollar denominated stablecoins are backed by opaque asset portfolios that may not cover the coin’s total value at any given moment. In contrast, the ability to transfer ownership of a physical gold bar in a vault using a Mattereum stable NFT is transparent and guaranteed. Gold prices have been steadily rising.
Mattereum has created by far the legally clearest and most solid instrument available in crypto: literally a solid gold stable NFT rather than a stablecoin.
Unlike any other form of on-chain gold, Mattereum's asset passports have redress mechanisms in place to ensure gold buyers on blockchain can claim their holdings of gold if their Stable NFTs get hacked – and this applies to all high value physical assets in Mattereum's pipeline. No other company can do this.
With Mattereum’s new partnership crypto holders can now create a peerless two asset portfolio consisting of Bitcoin and tokenized gold.
Mattereum founder Vinay Gupta said:
“We are thrilled to partner with London Bullion Market Association (LBMA) member gold refiner Sempsa JP to bring about the integration of Good Delivery gold bars onto blockchain platforms to bring a game-changing new investment opportunity to crypto. We believe there’s a rational case for at least $20 billion dollars (265 tons) of gold in this format globally to hedge risks associated with price volatility of crypto currencies, and the proven risks of stablecoins depegging from the dollar.”
Rebeca Perez, Manager of Investment Products at Sempsa JP, said:
“At Sempsa JP, we have always been dedicated to delivering excellence in the precious metals market. Through our partnership with Mattereum, we are excited to leverage blockchain technology to enhance transparency, security, and accessibility for investors worldwide.”
The MATR token is available for purchase through Mattereum GmbH’s fully regulated German crypto exchange partner, Swarm. Buying MATR is subject to terms and conditions in eligible jurisdictions — in particular, residents of the United Kingdom and the United States are excluded from the public sale of MATR.