October 9, 2020 -- The LODE Project, a digital blockchain-powered precious metals monetary-system, today announced a partnership with leading German investment firm CM-Equity AG to further broaden LODE's services across Europe. Today, a Tied Agent Agreement has been signed by both parties to seal the strategic partnership.
As a fully regulated investment firm licensed by the German Financial Supervisory Authority (BaFin), CM-Equity enables LODE users in Europe to transact with LODE's native assets -- LODE Tokens, AUX Coins (digital gold), and AGX Coins (digital silver) -- and to securely send, spend and/or receive digital assets, anywhere, anytime and to anyone worldwide via the LODEPay non-hosted, non-custodial mobile wallet technology.
"Our partnership with CM-Equity will broaden LODE's services in Europe while ensuring the project remains regulatory compliant," said Ian Richard Toews, Founder and Chairman of LODE. "Through our long-term partnership with CM-Equity, we look forward to advancing the LODE technology development objectives, continuing to serve underbanked and inflation-oppressed peoples of the world. Together with CM-E, LODE will continue providing secure, affordable access to digital gold and silver backed mediums of exchange, in a fully compliant and sustainable ecosystem built by the people for the people."
"LODE and its team have inspired us at CM-Equity to become stakeholders and ambassadors of this outstanding project because it has created a secure and certified ecosystem using physical gold and silver," noted Michael Kott, Founder and CEO of CM-Equity. "The LODE Project will help the banked -- and in particular, the unbanked world -- benefit from a new independent and fair payment system that offers protection from the inflationary scenarios of the fiat system."
More details on the partnership will be announced at a later date.
About LODE
The LODE Project is a blockchain-powered digital monetary system that enables users to transact with digital assets that are stable and entirely backed by physical precious metals via the LODE Bullion and Vaulting Network. Active in over 62 countries and servicing thousands of users worldwide, the LODE Project aims to make silver and gold liquid and accessible, bringing honest money to the world's underbanked and inflation-oppressed. By utilizing the power of Distributed Ledger Technology (DLT), LODE aims to restore silver and gold to historic prominence as sound-money for everyone. LODE Community Members are able to securely send, spend, and store digital gold (AUX) and digital silver (AGX), creating new affordable opportunities for preserving personal wealth. The LODE Project forms part of a global, digital, efficient and secure tokenized ecosystem that returns private, resilient and autonomous mediums of exchange using advanced technology to securely settle trade and commerce globally. For more information, visit: https://lode.one/
About CM-Equity
CM-Equity is a German investment firm operating with a license from the German Financial Market Authority BaFin. In an effort to remain competitive and adapt to the changing economic landscape, CM-Equity has positioned itself as a pioneer in digital asset management, becoming a fully licensed digital asset platform in Europe. For more information, visit: https://cm-equity.de/en/
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