Monetary Metals, a Scottsdale, AZ-based gold company, raised over $5M in Equity funding.
The round, which brought the total amount to $14M, was led by a private placement offering.
The company intends to use the funds to expand operations and its development efforts.
Monetary Metals empowers Productivity of Gold™ by offering a yield on gold, paid in gold to investors, and gold financing, simplified to gold-using businesses (mints, miners, refiners, jewelers, etc.). The company brings both sides together in its Gold Yield Marketplace, a platform where everyone can save, earn, and finance production in gold. In addition, the company’s market analysis and proprietary charts, including the gold forward rate, are utilized by gold investors and gold-using businesses globally.
FinSMEs
16/07/2024