APMEX and Sprott Launch OneGold
Precious Metal Industry Leaders APMEX and Sprott Launch OneGold, the First Online Marketplace to Securely Buy, Sell, and Redeem Digital Gold and Other Precious Metals.
The OneGold marketplace is designed to cater to the distinct needs of precious metal investors, leveraging APMEX and Sprott’s extensive experience and in-depth knowledge.
OneGold's digital gold combines key investment benefits of physical gold with digital assets.
Investors who have bought or considered buying precious metals or cryptocurrencies are
encouraged to learn more and create a free account today at OneGold.com.
OKLAHOMA CITY, November 12, 2018 – APMEX, Inc. and Sprott Inc. (TSX:SII), leaders in the precious metals industry, today announced the launch of OneGold.com, the first online marketplace to securely and conveniently buy, sell, and redeem digital gold and other precious metals. Both partners bring decades of experience and knowledge to OneGold. APMEX is a leading precious metals e-retailer, with more than $10 billion in sales and 1.5 million customers. Sprott is an alternative asset manager and a global leader in precious metal and real asset investing, with more than $7.5 billion under management.
“This launch is a major milestone for both our companies as we enter the next era of precious metal investing,” said Ken Lewis, CEO of APMEX. “Providing security, convenience, and efficiency is the mission of OneGold. This is reflected in the technology and design of the marketplace, from the industry-leading VaultChain blockchain ledger that immutably records ownership, to our choice of the Royal Canadian Mint as the vault for physical precious metals. Today, we have launched with digital gold and silver, and look forward to offering additional digital precious metal options in the future. In the end, OneGold is unique because it was built by precious metal investors for precious metal investors.”
Peter Grosskopf, CEO of Sprott, added, “We are excited to offer precious metal investors a compelling new way to own metals. There’s really only one kind of digital gold, and it’s not Bitcoin or other cryptocurrencies. What differentiates the digital gold and other precious metals available on OneGold is that they are all backed by physical assets, and that customers can easily buy, sell, or redeem them for physical metal. Digital gold combines the stability, risk diversification, and long-term store of value provided by physical gold with the security and efficiency of blockchain technology, without the significant limitations of Bitcoin or other cryptocurrencies.”
Some of the unique aspects of the OneGold online marketplace and digital precious metals include:
- OneGold digital gold and silver are fully-backed by physical metals held at the Royal Canadian Mint.
- OneGold digital gold and silver are 100% redeemable for physical precious metals and delivered to your door.
- Digital gold and silver can be bought in any amount at competitive prices with low transaction costs
- OneGold.com is a secure and accessible platform available 24/7 on any device, enabling investors to buy, sell, or redeem precious metals at their convenience.
Investors are encouraged to learn more and create a free account today at OneGold.com.
About APMEX, Inc.
For 20 years, APMEX has been one of the nation's largest Precious Metals e-retailers, boasting over $11 billion in transactions. APMEX has the largest selection of bullion and numismatic items provided by a retailer, boasting more than 10,000 products. Product offerings include all U.S. Mint bullion, such as Gold, Silver, and Platinum American Eagles. APMEX also sells products from leading mints around the world, including The Royal Mint, Perth Mint, Royal Canadian Mint, and many others. APMEX is a member of the American Numismatic Association, the International Precious Metals Institute, and the Industry Council for Tangible Assets. For additional information, visit www.APMEX.com or call (800) 375-9006.
About Sprott Inc.
Sprott Inc. is an alternative asset manager and a global leader in precious metal and real asset investments. Through its subsidiaries in Canada, the US, and Asia, the Corporation is dedicated to providing investors with best-in-class investment strategies that include Exchange Listed Products, Alternative Asset Management, and Private Resource Investments. The Corporation also operates Merchant Banking and Brokerage businesses in both Canada and the US. Sprott is based in Toronto with offices in New York, Carlsbad, and Vancouver. It's common shares are listed on the Toronto Stock Exchange under the symbol (TSX:SII).
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Jeffrey Mathews/Jeremy Schulman
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