Finvasia Supports UGOLD Issuer as Token’s Market Cap Reaches $11.5 Billion

Finvasia, a global financial group, has announced its support for Goldfinch Finance, the issuer of the UGOLD token. This endorsement comes as the market capitalization of UGOLD, a gold-backed token, has reached $11.5 billion. The collaboration seeks to provide broader access to gold-backed assets, offering investors a reliable alternative in the volatile cryptocurrency market. This announcement reflects Finvasia’s commitment to supporting innovation in decentralized finance (DeFi) and expanding the reach of digital assets backed by physical commodities. The support is expected to boost confidence in UGOLD and attract more institutional and individual investors to the token. Furthermore, Finvasia and Goldfinch Finance will collaborate to develop new solutions that integrate UGOLD into various financial applications, increasing its utility and value. This move marks a significant milestone in the evolution of gold-backed digital assets, paving the way for further innovation in the space.