Press Release

Digix partners with Trust Wallet to launch token trackers

World's first gold-backed digital asset class partners with decentralised mobile wallet application to track tokens

Singapore – 5th November 2018 – Digix, the asset tokenisation company behind the world’s first gold-backed digital asset class, has partnered with Trust Wallet, the secure and decentralised mobile wallet application, in order to launch token trackers.

“We’re extremely proud to announce that Trust Wallet has integrated both DGD and DGX into its ecosystem to allow for easy sending and receiving of either token, as well as providing a summarised overview of the performance tracking for each token. Trust Wallet is one of the most respected mobile wallet applications and we are excited about how this development signals an extension of our relationship with Binance,” said Kai C Chng, CEO and founder of Digix.

Trust Wallet is a secure and decentralised mobile wallet application that supports many Ethereum based tokens (ERC20 and ERC721). In July 2018, Binance acquired Trust Wallet, after the wallet application had built a reputation for security and guiding principles, which include a promise to never access user wallets, hold private keys or ask for personal information.

Trust Wallet also has a dApp browser and marketplace where users can access existing dApps such as Kyber Network (where DGX can be purchased) and CryptoKitties can be traded. Essentially, you can now execute trades on decentralised exchanges via your mobile in an efficient and understable way.

“We hope to be able to include Digix’s dApp in future so as to allow Trust Wallet users to swap ERC-20 for DGX via their marketplace or through Kyber,” mentioned Viktor Radchenko, founder of Trust Wallet. By doing so, we would be able to provide a better UIUX experience for our community to purchase DGX directly via the Digix Marketplace.

DGD is the governance token of the DigixDAO platform and its ICO equivalent token. The funds raised are residing in the DigixDAO smart contracts while awaiting the fully operational governance platform.

DGX is Digix’s flagship product, an ERC20 compatible token which is 100% gold backed. The project ensures that each token is 100% gold backed through its proprietary Proof of Provenance (PoP) protocol.

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