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HancomWith [054920] announced on the 21st that it is officially launching its real gold-backed stablecoin business.
HancomWith simultaneously launched ONTORIUM, a platform that tokenizes physical asset gold, and AQUA, a service that can expand tokenized gold into finance, in the global market.
ONTORIUM issues OXAU tokens using only LBMA (London Bullion Market Association) certified physical gold as its underlying asset.
The underlying asset and the issued OXAU token are matched 1:1, and even the unique serial number of the gold bar is linked on-chain.
The AQUA service allows users to secure liquidity and generate profits through 24-hour deposits and loans using digitized gold as collateral.
Song Sang-yeop, CEO of HancomWith, said, "Starting with the global market launch, we will open a new paradigm where real assets are utilized as productive financial tools such as loans, payments, and profit generation on-chain, through cooperation with various partners."
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