Our Mission
GoldChain DAO has created a seamless blockchain solution by integrating two of the worlds best platforms Fireblocks & Bitbonds for Minting, Tokenization, and A Suite of Treasury Management services that meet global compliance. By servicing some of the top Enterprise Clients in the World, GoldChain DAO has become the leader in Turkey Integration of Blockchain technology.
How It All Began
In 2017, the infamous Lazarus Group hacked into four South Korean exchanges and stole $200M of Bitcoin.
Working for the cybersecurity leader Check Point at the time, the would-be founders of Fireblocks were part of the task force that investigated the massive cyber breach.
Two things became obvious during that investigation:
The shift and motivation of cybercriminals from hacking traditional finance to digital assets, and the complexity and the lack of solutions for securing digital assets in an enterprise environment.
Michael, Idan and Pavel each spent the last twenty years transforming how cybersecurity is being applied to mobility, cloud and critical infrastructure so the next obvious challenge was clear, to secure the blockchain. They teamed up to create Fireblocks — an easy to use digital asset security platform that helps financial institutions protect digital assets from theft or hackers by using breakthrough MPC & patent-pending chip isolation technology to secure private keys, API credentials and eliminate the need for deposit addresses.
Michael Shaulov
CHIEF EXECUTIVE OFFICER, CO-FOUNDER
Pavel Berengoltz
CHIEF TECHNOLOGY OFFICER, CO-FOUNDER
VP Bank: Tokenization of real world assets in private banking
Customer & use case
- VP Bank is a Liechtenstein-based private bank active in investment advisory and asset management
- Tokenize valuable collectibles such as art and watches (Picture: vintage Audemars Piguet Royal Oak)
- Serve issuers and investors with both infrastructure and advisory services
- Replace legacy digital assets product suite from prior POC
Implementation & benefits
- Tokenization via Bitbond Token Tool and Metaco Harmonize on Ethereum
- Structured as tokenized ownership rights under Liechtenstein’s TVTG regulation
- VP Bank can independently issue tokens with high go-tomarket speed and low costs
GoldChain DAO
ERC-1400 security tokens created with Token Tool
Smart contracts deployed on Ethereum
Transaction approval and custody via Harmonize
TPG / Rubicon Carbon: Carbon credits on chain
Customer & use case
- TPG is one of the largest private equity firms globally with over USD 120 billion AuM
- TPG holds a large position of carbon credits as part of the climate investing strategy of their global impact investing platform
- Via their dedicated subsidiary Rubicon Carbon, TPG is
building a trading platform and market infrastructure for
carbon credits
Implementation & benefits
- Tokenization via Bitbond Token Tool and Fireblocks on Ethereum
- The token, called Rubicon Carbon Tonne, provides institutional investors access to proprietary sets of both nature-based and non-nature-based carbon credits
- Tokenization substantially improves transparency and liquidity in the underdeveloped carbon credit market
GoldChain DAO
ERC-1400 security tokens created with Token Tool
Smart contracts deployed on Ethereum
Transaction approval and custody via Fireblocks
RBI: Commodities tokenization on Polygon
Customer & use case
- Raiffeisenbank International (RBI) is a large Austrian commercial bank with a strong presence in central and eastern Europe
- RBI is evaluating an asset-agnostic tokenization platform covering its entire product portfolio
- As a starting point, RBI focused on tokenizing commodities, in this case gold
Implementation & benefits
- Tokenization via Bitbond Token Tool and Metaco Harmonize on the public Polygon network
- End-to-end token process including user onboarding/interface and custody infrastructure
- Tokenization blueprint developed for commodities is transferable to other asset classes
GoldChain DAO
ERC-1400 security tokens created with Token Tool
Smart contracts deployed on public Polygon network
Transaction approval and custody via Harmonize
ABN AMRO: Bond issuance for mid-market clients
Customer & use case
- ABN AMRO is a leading Dutch commercial bank with a strong footprint in debt capital markets
- The issuance of corporate bonds can be a cumbersome, manual processes involve various IT systems and multiple intermediaries
- Tokenization of corporate bonds helps increase go to
market speed and realize efficiency gains
Implementation & benefits
- Tokenization via Bitbond Token Tool and Fireblocks on the Stellar network
- Corporate bonds tokenized under German law
- By increasing the issuance efficiency, ABN AMRO can decrease the minimum issuance size and serve a broader range of mid-market clients
GoldChain DAO
ERC-1400 security tokens as well as ERC-721 NFTs
Tokens deployed on Stellar public network
Transaction approval and custody via Fireblocks
DZ PRIVATBANK: Gold tokenization on Polygon
Customer & use case
- DZ Privatbank provides private banking and wealth management, fund services and loans within the Volksbanken Raiffeisenbanken Cooperative Group
- After a previous concept study, DZPB selected gold tokenization as an initial use case to approach tokenization for its private banking business
- Beyond creating tokens, the bank aimed to design end-to-end workflows for operationalization
Implementation & benefits
- Tokenization via Bitbond Token Tool and (Gnosis) Safe on the public Polygon network in two variants, fungible ERC-1400 tokens for gold certificates and ERC-721 for digital twins of physical gold
- End-to-end token process including processing and accounting in existing bank systems
- Target operating model for system integration serves as foundation for future production implementation
GoldChain DAO
Security tokens created via Bitbond platform
Smart contracts deployed on public Polygon network
