17 SEPTEMBER 2019, LONDON

CME Group and the Royal Mint have started testing a blockchain-based platform for trading gold. The new platform, built with technology companies AlphaPoint and BitGo, will allow institutions to trade RMG (Royal Mint Gold), a digital gold product created by the Royal Mint and CME Group.

CME and Royal Mint gold blockchain and trading platform in live testing

April 11, 2017

CME Group and the Royal Mint have started testing a blockchain-based platform for trading gold. The new platform, built with technology companies AlphaPoint and BitGo, will allow institutions to trade RMG (Royal Mint Gold), a digital gold product created by the Royal Mint and CME Group.

Each RMG will represent the digitized version of 1 gram of gold stored in the Royal Mint's vault.

RMG will change the way traders and investors trade, execute and settle gold.