World Gold Council
The World Gold Council is a market development organization dedicated to promoting and sustaining demand for gold. It acts as the global authority on the gold market, influencing industry leadership and providing insights into international gold markets. The organization collaborates with a diverse range of partners to foster innovation and drive demand while advocating for its members, who are leading gold mining companies. Over the past two decades, the World Gold Council has played a pivotal role in significant market changes, such as the liberalization of gold trading in China. It enhances the recognition of gold as a vital financial asset and supports initiatives that ensure responsible mining practices, particularly in high-risk areas. By offering guidance, research, and practical tools, the Council helps miners report production costs transparently and demonstrates their contributions to social and economic development. Based in the UK, with operations in countries including India, China, Singapore, and the US, the World Gold Council serves as a collective voice for the gold industry, aiming to create long-term structural changes in the market.
Top Stages
3 past transactions
aXedras
Series B in 2022
aXedras is a developer of distributed ledger and blockchain-based infrastructure aimed at enhancing product and data integrity in the bullion market. The company operates a member-based platform that facilitates peer-to-peer interactions among stakeholders in the global precious metal industry. By unifying data standards, aXedras enables the recording of business transactions in an immutable and auditable format. This innovative approach enhances transparency regarding the provenance and chain of custody associated with each product, fostering trust among participants in the market.
SafeGold
Seed Round in 2017
SafeGold is an online gold trading platform based in Maharashtra, India, that enables customers to invest in gold through a simple and transparent process. Users can buy and sell gold at any time with the convenience of a digital interface, allowing for low minimum investment amounts. Upon purchase, customers receive a digital token that serves as proof of ownership for the gold stored securely in a vault. This digital gold can be easily traded, deposited, or used as collateral, providing greater efficiency compared to physical gold. Additionally, SafeGold offers the opportunity to earn interest on gold holdings or convert them into jewelry without incurring losses. The platform emphasizes transparency and flexibility, making gold investment accessible for long-term wealth creation without the burden of storage fees.
BullionVault
Series D in 2010
BullionVault Ltd is an online gold exchange based in London, United Kingdom, established in 2005 and operating as a subsidiary of Galmarley Limited. The company provides private investors with direct access to professional bullion markets, allowing them to buy, sell, and store gold, silver, and platinum at low costs. Clients retain ownership of their metals as property stored in approved vaults located in London, Zurich, New York, or Singapore. BullionVault operates a peer-to-peer platform that facilitates trading among clients, with the ability to transact in units as small as a gram. The company is a full member of the London Bullion Market Association, ensuring compliance with industry standards, and utilizes trading bots to maintain liquidity and competitive pricing on its exchange. BullionVault's technology is largely based on open-source components, which the company considers essential for reliability and efficiency in its operations.
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