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German Blockchain Startup to Launch Gold-Pegged Stablecoin

04:21 Monday , February 11th 2019
Novem, a Germany-based blockchain startup, is ready to launch a stablecoin pegged to gold.
The stablecoin, called 999.9, is a security token that represents .01 gram of gold.
"At this point, over $1,035,000 in NVM [999.9] tokens have been purchased in private sales. There has been significant interest in the project in both the precious metals and blockchain communities," said a Novem spokesperson.
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