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Goldcorp Deposits 3,000 Ounces of Gold in Blockchain ‘Milestone’

TORONTO (Reuters) – Goldcorp Inc made the first gold deposit on Tradewind Markets’ new digitized trading platform, the companies said on Thursday, with 3,000 ounces of bullion from its Red Lake mine complex in Ontario. As old-school gold trading increasingly moves into the digital era, the deposit represents a “milestone” as the genesis block, or first step in the blockchain on Tradewind’s newly launched VaultChain, the companies said. “The combination of blockchain and gold is really the first way for investors to directly own gold in a financial instrument with no ongoing administration and storage…Read More

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