Smartgold, an individual retirement account backed by gold (GONNA) The supplier has been associated with the Chintoi Nexus tokenization platform to allow US investors to put their gold holdings in blockchain rails and obtain performance in decentralized finances (Defi) Protocols
With the structure, the gold controlled by anger is touched 1: 1 on the regulated platform of Chintai, then it can be put into operation as a guarantee in the loan markets of Defi such as Morpho and Kamino. This guarantee can unlock liquidity, which can be reinvested in another place, while the underlying gold is vaulted and insured. The state -defined state remains intact, according to the press release shared with Coindesk.
The measure addresses long -standing compensation for retirement savers: Gold offers stability, but generally does not produce income. Investors who have physical gold in an anger have historically had to choose between the tax advantages of the account and the opportunity to display the metal in performance generation strategies. The IRS rules made the combination of the two almost impossible without triggering sanctions.
“For decades, gold investors have faced a difficult option: security or performance,” said Smartgold managing director Aaron Haley, in a statement. “We are turning the last safe asset into a powerful and productive tool to build wealth.”
The deployment opens access to tokenization for married assets of $ 1.6 billion of smartgold, which makes it one of the largest tokenized gold deployments to date and the first adapted to the retirement accounts of the United States.
It also underlines the growing approach to real -world asset token as basic products, actions and funds, a sector that has attracted the interest of the main financial companies.
Read more: the tokenized gold market exceeds $ 2.5b as the precious metal approaches record records
