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AURUS logo — Gold Redefined.

AURUS

Gold Redefined.

Founded 2018 United Arab Emirates United Arab Emirates 17 employees Seed Total: $1.00M Financial Services, Fintech +1

General Information

Company Name AURUS
Founded Year 2018
Location United Arab Emirates United Arab Emirates +2
Founders / Decision Makers
Team member
Employees 17
Industries Financial Services, Fintech, Web3
Funding Stage Seed
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About AURUS

Aurus Technologies is a Financial Services and Fintech startup based in the United Arab Emirates, founded in 2018. The company's slogan, "Get real with gold," reflects its mission to empower the traditional precious metals industry by offering blockchain-based products and services that revolutionize the accessibility and usability of gold, silver, and platinum. Aurus has created a highly scalable ecosystem that interacts with technology to produce and distribute their own precious metal-backed tokens – tGOLD (tXAU), tSILVER (tXAG), and tPLATINUM (tXPT). Through its innovative approach, Aurus enables precious metal businesses to deliver new products to mass markets, broadening clientele and revenue. This facilitates people around the world to easily buy, store, and trade precious metals in a highly fractionable, portable, and accessible way at spot price and low storage and transaction fees. In March 2020, Aurus Technologies secured a €1.00M Seed Round investment from Silver Rock Group, demonstrating confidence in the company's vision and potential. The funding supports the development and expansion of AurusX (AX), a revenue-sharing token with a total supply of 30,000,000. As people around the world trade Aurus' precious metals-backed tokens, the accumulated minting and transaction fees are distributed to AX holders, fostering a dynamic and inclusive ecosystem. With its visionary approach and strategic investment partnerships, Aurus Technologies is well-positioned to disrupt and redefine the precious metals industry.

Taxonomy: Precious Metals, DeFi, Web3, Gold-Backed Tokens, Financial Technology, Blockchain Infrastructure, Crypto, Tokenization, Scalability, Vaults, Distribution Partners, Ecosystem, Technology Integration, Passive Rewards

Funding Rounds & Investors (1)

View All
Funding Stage Amount Investors Lead Investors Date
Seed Round •••••• 1 •••• •••• 14 Mar 2020

AURUS Alternatives & Competitors

AURUS vs
Precious Metals International
Precious Metals International Cayman Islands

Gold is the only form of money that is not simultaneously someone else’s liability.

8 employees
AURUS vs
Legor Group S.p.A. | Società Benefit
Legor Group S.p.A. | Società Benefit Italy

Passion for science and research applied to jewelry technology, transforming metals from the core to...

135 employees
Accessories
AURUS vs
Sprott Money Ltd.
Sprott Money Ltd. Canada

Sprott Money Ltd. offers competitively priced investment-grade precious metals with security and pea...

17 employees

FAQ About AURUS

Gold Redefined.
AURUS was founded in 2018.
AURUS is headquartered in United Arab Emirates.
AURUS operates in the following industries: Financial Services, Fintech, Web3.
AURUS has approximately 17 employees.
AURUS has completed 1 funding round, raising a total of $1.00M. The latest funding stage is Seed.
Top alternatives and competitors to AURUS include Precious Metals International, Legor Group S.p.A. | Società Benefit, Sprott Money Ltd., Kase and Company, Inc., Precious Metals Refinery. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
AURUS and Precious Metals International are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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