Monetary Metals Secures over $5 Million in Latest Equity Capital Raise
Summary
The Company raised $5,577,556, which will be used to continue to scale its Gold Yield Marketplace\xae platform and acquire new customers.Keith Weiner, Founder and CEO of Monetary Metals, expressed his enthusiasm for the outcome: "The overwhelming response from investors reaffirms our mission to build a global marketplace where everyone can save, earn, and finance production in gold. "Sound Money Capital, AG, the privately held company of notable gold industry professionals Ronald-Peter St\xf6ferle and Mark Valek, invested in the round. By enabling investors to earn interest on their gold holdings, they are not only preserving wealth, but growing it in a sustainable manner. I am impressed by their track record, professionalism, and the relentless drive of their founder Keith," commented Ronald St\xf6ferle, author of the annual "In Gold we Trust" report and managing partner and fund manager at Incrementum AG.Through their precious metals leases and bonds, Monetary Metals has been delivering a yield on gold and silver to their clients since 2016. In addition, the companys market analysis and proprietary charts, including the gold forward rate, are utilized by gold investors and gold-using businesses globally.For additional information or press inquiries, please contact [email protected]