Wellfield Technologies courts crypto surge with tokenized gold | 2023-12-08 | Investing News

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  • Wellfield Technologies (TSXV:WFLD) plans to launch an Ethereum-based gold ecosystem, after its acquisition of Tradewind Markets, in the midst of a broad-based crypto surge
  • The company hopes to catalyze gold’s enduring power an asset class by streamlining the trading process compared with dealing with physical metal
  • Wellfield Technologies is an R&D-focused fintech company operating in public blockchains including Bitcoin and Ethereum
  • Wellfield Technologies stock (TSXV:WFLD) is down by 28 per cent year-over-year and by 86.86 per cent since inception in 2021

Wellfield Technologies (TSXV:WFLD) plans to launch an Ethereum-based gold ecosystem, after its acquisition of Tradewind Markets, in the midst of a broad-based crypto surge.

In February 2023, Wellfield acquired Tradewind Markets, a tech platform that facilitates the digitizing, trading, settlement and ownership of precious metals. Through…

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