ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Eric Sprott-Backed Argo Digital Gold Ltd. Secures Strategic Investment from Paxos and WonderFi to Fuel Growth in the Digital Gold Market

By: Newsfile

Toronto, Ontario--(Newsfile Corp. - June 26, 2024) - Argo Digital Gold Ltd. (Argo), a new online gold dealer offering secure digital gold and precious metals trading and storage today announces a strategic investment partnership with Paxos and WonderFi Technologies Inc. (TSX: WNDR) (OTCQB: WONDF) (WKN: A3C166) ("WonderFi"). This collaboration builds upon the strong foundation established by Argo's founding investors, the Sprott family and Peter Grosskopf, further solidifying its position at the forefront of the digital gold revolution.

Paxos, the leading regulated blockchain and tokenization infrastructure company and the issuer of Pax Gold (PAXG) token and WonderFi, the leading Canadian operator of regulated crypto platforms, are long-standing innovators in the digital asset industry. This investment signifies strong support to advancing digital gold and Argo's new precious metals platform.

Michael Petch, President and Co-founder of Argo, stated, "We are thrilled to close this investment round and welcome both Paxos and WonderFi as strategic investors. Their expertise and leadership in the digital asset space perfectly complement the vision of our founding investors, the Sprott family and Peter Grosskopf."

Dean Skurka, President and CEO of WonderFi stated, "We are excited to join forces with Argo Digital Gold Ltd. Argo's innovative platform for secure gold ownership aligns with WonderFi's mission to innovate financial markets. We believe this partnership will be instrumental in making digital gold ownership a mainstream investment option, and we look forward to seeing the company grow."

The strategic investment fuels Argo's mission to offer world-class access to digital gold and precious metals by leveraging the expertise of their partners in precious metals, digital assets, banking, and custody. With the official platform launch scheduled for next month, this collaboration positions Argo to offer a unique and secure platform that democratizes access to digital gold ownership. For more information on Argo, visit argovault.com.

About Argo Digital Gold Ltd.

Argo is committed to making precious metals investing accessible to all through a secure, transparent, and low-cost platform. Argo is backed by the Sprott Family, a name synonymous with precious metals expertise and trust.
For more information, visit www.argovault.com.

About WonderFi Technologies Inc.

WonderFi owns and operates Bitbuy and Coinsquare, two leading domestic crypto platforms with strongholds in the Canadian market; WonderFi operates Internationally through its expansion in Australia, as well as through Smartpay, its global crypto payments platform.

With a collective user base of over 1.7 million registered Canadians and a combined assets under custody exceeding $1.5 billion, WonderFi serves one of the largest crypto investor communities in Canada.

End.

Argo Marketing and Communications:
info@argovault.com

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/214415

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.