RBZ Tokenized Gold Mops up 5.24 Billion of Zimbabwe Dollars

RBZ tokenized gold mops up ZW$5,24 bln28th February 2024By Alois VingaTHE Reserve Bank of Zimbabwe’s (RBZ) latest tokenized gold sales have mopped up a whooping ZW$ 5, 24 billion. Synonymously known as Zimbabwe Gold (ZiG) was launched in October 2023 following the successful issuance of physical gold-backed tokens in 2022. The digital tokens can be stored in either e-gold wallets or e-gold cards and are tradable for peer-to-peer and business transactions. ZiG value is at par with the value of the physical Mosi-oa-Tunya gold coin and remains informed by the international gold price. In a statement Tuesday, the RBZ revealed that…