June 17, 2024
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AURU.M™ and Quantum Enhanced Ledger Technology (QELT™) are excited to announce the upcoming launch of the world’s largest security token offering (STO) on July 1, 2024. This landmark event aims to raise £3 billion, setting a new precedent in the digital financial market. The funds will be dedicated to acquiring physical gold, which will back the AURU.M™ stablecoin, slated for minting on QELT™ (Quantum Enhanced Ledger Technology) in November 2024. QELT™ ensures unparalleled security, scalability, and efficiency, facilitating a seamless transaction process.
Mapt. will be using DigiShares’ white-label technology to tokenize physical gold that will back its stablecoin AURU.M™.
AURU.M™ represents a new class of gold-backed stablecoins, designed to provide unparalleled stability and reliability in the volatile digital currency market. Each AURU.M™ token is backed by physical gold, offering intrinsic value. Quantum Enhanced Ledger Technology (QELT™) leverages quantum computing and artificial intelligence to offer unmatched security, speed, and scalability. This initiative aims to blend the stability of gold with cutting-edge technology to revolutionize the digital currency landscape globally.
QELT™ will be the technology behind a peer-to-peer autonomous energy marketplace, allowing the buy/sell of energy between properties every second of every day, ensuring low prices for consumers with AURU.M™ at the center as the native currency.
AURU.M™ is also a store of value, connected to Mapt.’s gold reserves, measuring value and demand with continuous monitoring of both AURU.M™ and gold markets to detect and respond to discrepancies, reducing arbitrage opportunities.
The project has already reached significant milestones, including a successful £2.1 million seed raise and nearing the completion of a €58 million equity raise for Mapt., the parent company spearheading these innovations. Rigorous regulatory plans with the appointment of XREG will ensure full compliance and transparency. The company is also actively seeking additional investment through the STO and other avenues.
Phil Ryan, co-founder of Mapt. On Demand Liquidity Ltd, states, “The launch of this STO is a major milestone in our mission to transform digital finance. With AURU.M™ and QELT™, we are setting new standards in stability and security, paving the way for future financial innovations. We have some intrinsic challenges ahead of us and are continually partnering at the highest levels to ensure delivery. For the same reason, we chose to partner with DigiShares to make use of their excellent white label tokenization platform.”
Claus Skaaning, CEO of DigiShares, adds, “We are thrilled to partner with Mapt. on this project. Our white-label technology is designed to support such innovative projects, and we are confident that the integration of our platform with QELT™ will set new benchmarks in the tokenization of real-world assets.”
About Mapt.ODL
Mapt.ODL is a privately-owned company with plans to go public within five years. The company is behind the ‘beyond blockchain’ Quantum Enhanced Ledger Technology (QELT). Mapt.ODL specializes in integrating blockchain and energy industries and aims to disrupt the current utility industry monopoly in the Western world.
Their stablecoin, AURU.M™, is part of their ambitious STO and is poised to be recognized globally as digital cash under ISO 4217 & ISO 20022 standards. This initiative represents one of the most significant shifts in blockchain technology in a decade.
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About DigiShares
DigiShares is the leading providers of white-label tokenization platforms for real world assets, combining financing, corporate management, and trading in an end-to-end solution. Our solutions enable asset owners and fund managers to digitize and automate processes, to reduce administrative cost, to reduce the ticket size to fractionalize and democratize and enable retail investors to participate, and finally to provide a huge increase in liquidity through the built-in marketplace that enables shareholders to trade their assets.