In a groundbreaking initiative to reshape the cross-border financial arena, Ausiris Gold, a top-tier gold trading entity headquartered in Thailand, has strategically partnered with Lightnet and Velo, innovators in blockchain-based financial solutions. This collaboration aims to redefine financial services by merging traditional gold trading with state-of-the-art blockchain technology.

Utilizing Lightnet’s Integral platform, the alliance plans to seamlessly integrate with Ausiris Gold's liquidity pool (LP). This setup will facilitate swift and secure transactions, leveraging the blockchain’s inherent robustness, with additional protocol support from Velo. Alongside this, the trio—Ausiris Gold, Lightnet, and Velo—intends to establish an innovative on/off-ramp service using gold as the transactional medium. This pioneering approach provides a stable and reliable method for conducting cross-border transactions, enhanced by the latest advancements in blockchain technology.

Ausiris Gold, boasting an impressive annual sales volume of USD 5.5 billion and holding a top 4 ranking among gold traders in Thailand, is dedicated to expanding its service offerings. The company aims to facilitate continuous, round-the-clock gold trading to cater to a global market, utilizing blockchain to boost accessibility and maintain liquidity. The partnership also includes a digital gold project where Ausiris Gold, along with Lightnet and Velo, will work to digitize gold trading processes. This initiative is expected to simplify transactions, increase transparency, and broaden access to gold as a digital asset.

By combining Ausiris Gold’s extensive industry experience and substantial market presence with the technological expertise of Lightnet and Velo, this partnership signifies a transformative step forward in modernizing traditional financial systems. The integration of advanced blockchain technology promises to enhance efficiency, transparency, and accessibility in gold trading and international financial transactions. As this partnership progresses, stakeholders can look forward to more developments that leverage the unique capabilities of traditional finance and blockchain technology. Stay tuned for further updates as this exciting collaboration continues to evolve.

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