22.02.2019Read Time: 1 min

Aurus Blockchain Networking in London

The Aurus team recently returned from networking at London Blockchain Week

Two of our team members recently returned from networking at the 2019 London Blockchain Week. Over the course of a few days, many valuable discussions took place with potential integration partners, crypto exchanges, precious metal refineries, gold dealers, and institutional custodial services for our gold-backed crypto.

Aurus Partners with Metals Focus

Aurus has secured a mutually beneficial partnership with Metals Focus, an industry-leading precious metals research consultancy. The team has a vast worldwide network in precious metals, also specializing in the research into the global gold, silver, platinum, and palladium markets producing regular analytic reports, forecasts, and bespoke consultancy. Aurus will leverage this network and be in clear sight of the crypto gold industry.

In and around The London Blockchain Week, Aurus attended several meetings with previous members and employees of the Royal Mint Gold involved in the RMG project. This led to the addition of knowledgeable and connected members to our advisory board.

Crypto and Gold Regulations

One of the things that stood out to our team was the efforts made by second-tier players entering the crypto market catering towards institutional money, which has been sidelined, entering the digital asset space. These services vary from Know Your Customer (KYC) tools and Anti Money Laundering (AML) services to custodian services for institutional clients not having the means to book these transactions on their investment books. All this is done in accordance with close monitoring of the regulatory framework.