Zug, Switzerland
aXedras is a blockchain and information technology startup that aims to digitalize and connect the precious metal industry. Headquartered in Switzerland, aXedras Ltd was founded in 2018 as an independent technology company. The company envisions leveraging its bullion market expertise and cutting-edge information technology to bring significant benefits to stakeholders in the precious metal industry on a global scale.
Recognizing the increasing demand for global compliance rules and regulations in the close-knit relationship between the precious metal and financial industries, aXedras has positioned itself to address the need for product integrity, provenance, and traceability for sustainable investments in precious metal products. To accomplish this, aXedras has developed the Bullion Integrity Ledger™, a trusted DLT network facilitating interaction between all participants in the precious metal industry to maintain shared ledgers of product information. This ledger ensures integrity and traceability without compromising confidentiality, simplifying daily operations such as transport, compliance, or trade.
The company recently received a Series B investment on 04 May 2022, with the World Gold Council participating as the investor. With its innovative approach to addressing the challenges of the precious metal industry and the backing of prominent investors, aXedras is poised for significant growth and impact within the blockchain and information technology sectors.
