Techemynt Launches Tokenized Gold and Silver Bullion in New Zealand
Techemynt, a New Zealand-based digital asset issuer, is launching GoldNZ and SilverNZ—institutional-grade tokenized precious metals backed by physical bullion stored in Commonwealth Vault facilities. Each GoldNZ token represents one troy ounce of gold, while SilverNZ tokens correspond to one troy ounce of silver, both fully allocated and secured in New Zealand vaults.
"This bridges traditional assets with blockchain efficiency," says Fran Strajnar, Executive Director of Techemynt. The partnership with Commonwealth Vault allows global investors to access physically backed tokens while leveraging blockchain's liquidity benefits.