OneGold will only settle any digital asset transactions which are backed by 100% physical metal.
VaultChain Gold and VaultChain Silver are held at the Royal Canadian Mint (RCM). All precious metals stored within the RCM’s network of vaults are guaranteed ounce for ounce by the Royal Canadian Mint, a Crown corporation wholly owned by the Government of Canada. VaultChain holdings are recorded and maintained on a distributed ledger, which is updated and verified by OneGold and Royal Canadian Mint daily. You may access the ledger by clicking on the View Ledger link on the dashboard page in your OneGold account.
U.S. Products and Switzerland Products are guaranteed by OneGold. Metal positions are independently verified twice a year by one of the top 10 provider of audit, tax and consulting services. OneGold performs a daily reconciliation of the balances between the physical metal at storage and actual balance in the OneGold account. On Switzerland Products, OneGold receives a Loomis inventory list identifying the specifics of each bar owned by OneGold and its customers, including bar refinery, bar number, bar weight and bar fineness.
All your stored precious metals are fully owned by you and you maintain full legal ownership and title to your physical metal.