Orbiko Solutions Gold Token (OSGT)
Orbiko is launching Orbiko Solutions Gold Token (OSGT) as the first of many stablecoins backed by physical assets. Representing physical gold, OSGT offers stablecoin holders risk diversification and hedging against market volatility. It also avoids costly conversions between fiat and crypto.
The price of the stablecoin will always be pegged to the price of gold per gram.
While the price of the stablecoin may exceed the market price of a gram of gold rate in a period of high demand, the gold rate will always be the minimum price at which you can buy or sell the stablecoin.
This is guaranteed by programmatic logic, based on smart contracts on the public-facing open ledger.
No Fees
Orbiko charges no ongoing fees or storage fees.
Convenience
Convenient and cost-effective way to invest in gold.
Peace of Mind
The gold is fully insured and securely stored
Regulated
We comply with all South African regulatory requirements.
Instant Transactions powered by an ISO 20022 Certified Blockchain
We comply with all South African regulatory requirements
Fully Redeemable for Physical Gold
Holders of OSGT are able to request physical delivery of the equivalent weight in pure gold. This physical gold will be delivered to the client at their own cost and is only redeemable in multiples of 100 grams (equivalent to 100 OSGT stablecoins).
Each OSGT stablecoin is convertible/redeemable for South African Rands (ZAR)
1 OSGT stablecoin is supported by One (1) Gram of physical gold with 99.99% purity.
Backed by Physical Gold
Affordability & Trustworthiness
Gold has always been associated with generational wealth and is considered a rich man’s investment. We have made it easy for any individual to access the gold market by purchasing OSGT stablecoins. These stablecoins will always be aligned to one (1) Gram of pure gold. This keeps the stablecoin price stable and affordable for all people.
The stablecoins are 100% backed by physical LBMA-certified gold stored in a high-security international vault. The weight and purity of every gold bar held in storage are regularly and independently audited.
The gold is safeguarded for investors. In the unlikely event of Orbiko ceasing to trade, the gold is stored with independent third-party vaulting professionals and is secured against creditors.
Our ability to source and store gold and thereby mint stablecoins is a key function of our process leveraging blockchain technology.
Minted on an ISO 20022 Certified Blockchain
Real-Time Verifiable Auditability
We have developed Orbiko’s application on Stellar’s lightning-fast blockchain network. Confirmation times are rapid, and transactions are settled in under 5 seconds. Older technology meant that transactions could take days to complete – now it is mere seconds.
The amount of gold represented by OSGT is regularly verified by independent audits against the physical holdings in secure storage.
You can easily track and verify the OSGT token on the Stellar network. Click the link below to view OSGT on Stellar's network explorer. This tool provides detailed information about the OSGT asset, including transaction history, distribution, and current market status. View OSGT on Stellar's network explorer
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Asset Code OSGT |
Home domain orbiko.co.uk |
Issuer address GBCMMR…M2TFUN |
Comparison table of OSGT to other Gold Assets
| Feature | OSGT | Physical gold – professionally stored |
Physical gold – self storage |
ETF gold | Unallocated gold |
| Redeemable as physical gold |
Yes | Yes | Yes | No | No |
| Proof of ownership | Stablecoin held in personal Stellar wallet |
Statement of ownership |
Holder of the gold |
Statement of value | Statement of ownership |
| Physical gold backing | Yes, fully backed by gold |
Yes | Yes | Yes, owned by the fund |
Yes, owned by the bank or institution |
| Annual storage and management fees |
No | 0.35% to 1% of value |
Insurance and own storage fees |
Quarterly fees | Quarterly fees |
| Convertible to fiat or crypto currencies |
Yes | Yes | Yes | Yes | Yes |
| Redemption time | Immediate | 2-3 days | Gold needs to be sold |
Immediate | Immediate |