Home web3.0 Denario and Inacta Ventures Partner to Revolutionize Precious Metals Ownership with Digital Assets and Web3

Denario and Inacta Ventures Partner to Revolutionize Precious Metals Ownership with Digital Assets and Web3

Jul 10, 2024 pm 02:24 PM

Denario, a leading Swiss fintech company specializing in digital precious metals, has announced a strategic partnership with Inacta Ventures, a well-known Web3 venture

Denario and Inacta Ventures Partner to Revolutionize Precious Metals Ownership with Digital Assets and Web3

Swiss fintech Denario, specializing in digital precious metals, has announced a strategic partnership with Inacta Ventures, a leading Web3 venture builder based in Switzerland and the UAE. This collaboration marks a significant step in Denario's mission to provide innovative and accessible solutions for precious metals ownership.

Combining Expertise in Digital Assets and Web3

The partnership between Denario and Inacta Ventures combines Denario's expertise in digital precious metals with Inacta Ventures' leadership in Web3 technology. By merging the innovative tokenization of real-world assets with Inacta's extensive ecosystem, Denario aims to revolutionize how individuals own precious metals.

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Denario’s Chairman, Thomas Winkler, highlighted that this collaboration will propel Denario onto the global stage, providing innovative access to precious metals. He pointed out Denario's unique asset token, which offers exposure to physical silver and stability of value.

Ralf Glabischnig, Founder of Inacta Ventures, expressed enthusiasm for integrating Denario into their portfolio. He noted that this collaboration will accelerate the development and adoption of tokenized silver worldwide. Inacta Ventures will not only provide Denario access to its ecosystems in the UAE and Switzerland but also facilitate access to the token via their platform, Tokengate, which specializes in the tokenization of real-world assets.

Tokengate's Role in Asset Tokenization

Tokengate, an Inacta venture, is a leading Swiss company in the field of asset tokenization. It will support Denario in launching silver coins on various blockchains and providing access through a customized application. This integration is expected to enhance the availability and adoption of tokenized precious metals, making it easier for investors to engage with these assets.

Denario's Unique Offering

Denario is a Swiss fintech company leading the way in digital precious metals. The company offers a unique asset token that is fully backed by physical silver securely stored in Switzerland. Each Denario Silver Coin (DSC) is backed by one ounce of silver granules, and every Denario token represents a digital twin of the underlying physical silver. This provides investors with a convenient and fractionalized form of exposure to precious metals. Denario is recognized as a security token, ensuring compliance with Swiss financial market regulations.

Strategic Benefits and Future Prospects

This partnership is expected to bring several strategic benefits to both companies and the broader market. By combining Denario's expertise in digital precious metals with Inacta Ventures' robust Web3 ecosystem, the collaboration aims to create a more accessible and innovative market for precious metals ownership.

Denario's integration with Tokengate will facilitate the launch of silver coins on various blockchains, enhancing their availability and adoption. This move is anticipated to make it easier for investors to access and trade tokenized precious metals, providing a more secure and efficient investment option.

The collaboration also highlights the growing importance of asset tokenization in the financial industry. By leveraging blockchain technology, Denario and Inacta Ventures are setting new standards for the ownership and trading of precious metals. This partnership is expected to drive further innovation in the fintech and Web3 sectors, opening up new opportunities for investors and businesses alike.

Conclusion

Denario and Inacta Ventures' strategic partnership marks a significant advancement in the field of digital precious metals. By combining Denario's expertise in tokenizing real-world assets with Inacta Ventures' leadership in Web3 technology, the collaboration aims to revolutionize the way people own and trade precious metals. This innovative approach is expected to provide investors with more accessible, secure, and efficient investment options, setting new standards in the industry and driving future growth.

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