Publication of CenGold Asset Assurance Report 👏

Orakl Network provides the gold holdings information of GOLDSTATION launched on January 3rd, 2024 through the PoR (Proof of Reserve) service. (Related article)

The Gold Pegged Coin ($GPC), issued by GOLDSTATION, is backed by a 1:1 ratio of e-gold segregated for NFT exchange, stored by CenGold, the digital gold exchange in South Korea. The amount of e-gold held by CenGold is transparently provided to $GPC holders through Orakl Network’s PoR service.

To prove the relationship between the e-gold segregated for NFT exchange and the actual gold holdings, CenGold regularly conducts accounting assurance through external professional organizations. As of December 31st, 2023, an assurance of digital assets and cash assets held by CenGold was conducted under the investigation of Seonghyun Accounting Firm.

In conclusion, CenGold has been confirmed to hold digital assets, physical assets, and cash at a level of approximately 120.2% compared to the digital assets and cash held by users.

For more details, please refer to the “Digital Asset and Cash and Cash Equivalent Assurance Report” published by Seonghyun Accounting Firm.

[How to check the “Digital Asset and Cash and Cash Equivalent Assurance Report”]

• Visit the CenGold main website
• Click on the “센골드 자산현황 실사결과 (CenGold Asset Status Assurance Results)” button at the bottom of the page
• Check the assurance report displayed in the new window