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/C O R R E C T I O N -- GGBR Inc./
Prnewswireยท2025-10-22 22:51

Core Insights - GGBR Inc. has officially launched the Goldfish gold-backed stablecoin, which aims to provide liquidity, physical redemption options, and real-time price stability through proof-of-reserve oracles [1][3] Company Overview - GGBR Inc. is a Wyoming-based digital assets company focused on launching the Goldfish gold-backed stablecoin, designed for stability, transparency, and accessibility [5] - The company aims to democratize access to gold as an asset class, leveraging technology for micro-fractional ownership and seamless liquidity for global investors [5] Product Details - Each Goldfish token (GGBR) is backed by 1/1000th of a troy ounce of LBMA-priced gold, with a collateral coverage ratio of 5:1 through ION's gold-backed assets [2] - The Goldfish platform allows users to buy, hold, and redeem tokenized gold, featuring real-time proof-of-collateral verification [3] Strategic Partnerships and Future Plans - The launch follows a strategic partnership with I-ON Digital Corp., a leader in real-world asset digitization and gold-backed digital securities [1][2] - Future plans for Goldfish include expanding multi-chain interoperability, integrating with leading DeFi platforms, and increasing market exposure through listings on various centralized exchanges [4]