Minted andd Fasset team to deliver tokenised precious metals to businesses
Minted, the revolutionary precious metals platform, has announced its continued commitment to providing investment opportunities in Precious Metals to businesses worldwide through their recent partnership with Fasset a leading digital assets and crypto investing app at Dubai’s Fintech Summit 2023, yesterday.
Fasset offers a range of digital assets including cryptocurrency, stocks & now precious metals thanks to this strategic partnership with Minted.
Shahid Munir, the co-founder of Minted, believes that their partnership with Fasset will provide a seamless bridge between real world assets and the Web 3.0 ecosystem. “We aim to build an on-shore, trusted custodian infrastructure for Precious Metals, easily accessible through border-less tokens. This fusion of physical and digital will serve as a unique wealth preservation instrument for millions worldwide”
Minted, with the support of Nadir Metal Refinery, an accredited LBMA Good Delivery member and one of the largest metal refineries globally, is well-positioned to provide the expertise and resources required to provide a tech enabled precious metals infrastructure worldwide.
The global Precious Metals market is expected to grow at a compound annual growth rate of 9.82% from 2021 to 2026. In 2021 the market reached an estimated $207.8 billion and it’s expected to reach $343.4 billion by 2026. Highlighting the increasing demand for Precious Metals investments as a valuable addition to consumer wealth portfolios.
Minted’s innovative solution proves to be invaluable to businesses like Fasset, seeking to diversify their product portfolio to cater to the ever-increasing demands and needs of their customers.
“With over 50% of the world remaining unbanked, Fasset’s mission is to democratize access to assets that have traditionally been out of reach for many investors across emerging markets,” said Mohammad Raafi Hossain, CEO of Fasset. “Through our partnership with Minted, we are delivering on our mission by offering tokenized precious metals on our platform, which will allow investors to gain exposure to the precious metals market with ease and security.”
Fasset and Minted open up new doors to safeguard customers’ wealth and set the foundation for a more secure and sustainable future of investing.