InfiniGold raises $ 6.25 million and changes brand name as Trovio prior to widespread expansion into the commodity industry – FinTech, Australia
Summary
InfiniGold, a leading commodity digitization and registry service, incubated from Australia’s Rosetta Institute, a pioneer in product tokenization on the private and public blockchain, has raised A $ 6.25 million in a Series B funding round. Trovio’s platform, Commodities Pass, directly interfaces with both private and public blockchains, allowing partners to become a core business without experiencing their own Kodak Moments. For over 15 years, Dean has been a leader in global market business, managing large and complex risk positions of international investment banks such as JP Morgan and UBSAG individually. Trovio has successfully implemented its solution with its largest client, Persmint, a $ 18 billion (AUD) precious metal distributor worldwide, one of the world’s top gold producers, and statutory authorities. Leeor Groen, Principal of BVV, commented: “We are pleased to support the team of Jon Deane and Trovio, who have already proven to be global market leaders in the digital commodity industry.