IAMGOLD Makes Strategic Investment in Tradewind Blockchain
TORONTO, April 25, 2018 /CNW/ – IAMGOLD Corporation (“IAMGOLD” or the “Company”) is proud to announce that it has joined partners including Agnico Eagle Mines Ltd., Wheaton Precious Metals Corp., Goldcorp Inc. and Sprott Inc., in a strategic private placement with Tradewind Markets, Inc. (“Tradewind”), a financial technology company that uses blockchain to speed up and streamline digital gold trading.
Officially launched on March 23, 2018, the Tradewind platform integrates world-class exchange technology with a tailored blockchain application, VaultChain™ Gold (“VaultChain”), in order to facilitate the trading, settlement and ownership of physical gold. This revolutionary new platform securely digitizes vaulted precious metals for the first time, removing structural, technical and frictional limitations from the physical gold market.
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