VALR launches BITGOLD, combining Bitcoin and tokenized gold in a 1:1 ratio with monthly automatic rebalancing, offering investors a new asset allocation solution that balances growth potential and safe-haven functions.
VALR, South Africa's largest cryptocurrency exchange by trading volume, announced the launch of a new crypto asset portfolio product on March 11th – BITGOLD (Bitcoin and Gold Combination). This product integrates Bitcoin (BTC) and tokenized gold (XAUT) in equal proportions, providing investors with a convenient one-click solution for allocating to two core assets.
BITGOLD belongs to VALR's series of crypto asset portfolios, designed to reduce user management complexity through an active rebalancing mechanism. The portfolio automatically adjusts its holdings monthly to ensure that the weight of Bitcoin and gold is always maintained at 1:1, without requiring manual operation by the user. It is suitable for medium- to long-term holders who want to simplify the investment process.
Bitcoin, as a representative of digital assets, has demonstrated strong long-term growth potential in recent years against the backdrop of continuous institutional capital inflows and market maturity, despite significant volatility in between. Gold, on the other hand, is regarded as a stable safe-haven asset for coping with inflation, currency devaluation, and geopolitical risks, thanks to its thousands of years of historical credibility. Data shows that gold prices have steadily climbed since the beginning of 2021 from a level of approximately $1,800 per ounce, recently breaking through the $5,000 mark.
By combining these two types of assets with historically different performance, BITGOLD seeks to build a balance between high growth and low correlation, helping investors capture both the dividends of technological innovation and the traditional value preservation function in an environment of increasing market uncertainty. Farzam Ehsani, co-founder and CEO of VALR, said: "Modern investors are increasingly looking to participate in the transformation of digital finance while hedging against macro risks. BITGOLD was created for this purpose – combining the millennia-old credibility of gold with the Bitcoin of the digital age, making allocation simpler and smarter."
0 comment A文章作者M管理员
No Comments Yet. Be the first to share what you think
❯
Profile
Search
Checking in, please wait...
Click for today's check-in bonus!
You have earned {{mission.data.mission.credit}} points today