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Swag Coin launches SWAGG, a gold-backed Ethereum token backed by 50 tonnes of U.S. gold, with exchange listings planned for late 2025.
Swag Coin, LLC has launched SWAG GOLD (SWAGG), a gold-backed digital token on the Ethereum blockchain, initially backed by 50 tonnes of U.S.-based, third-party assayed gold held under Bureau of Land Management oversight.
The ERC-20 token aims to offer stability, transparency, and utility in finance, serving as a store of value, medium of exchange, and diversification tool.
Managed by Swag Gold Reserves LLC with annual third-party audits, SWAGG is set for exchange listings in late 2025, with plans to expand to other blockchains and launch related metals tokens in 2026.
Investors are advised to consider risks like market volatility and regulatory changes before participating.
Swag Coin lanza SWAGG, un token Ethereum respaldado por oro respaldado por 50 toneladas de oro de los Estados Unidos, con listados de intercambio planeados para fines de 2025.