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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.