VNX, a Liechtenstein-based company registered by the Liechtenstein Financial Market Authority (FMA), has partnered with Burrito Wallet, developed by a subsidiary of Bithumb, a leading Korean crypto exchange, to introduce South Korean users to the digital assets VNX Gold, VNX Euro, and VNX Swiss Franc, opening up exciting new opportunities within the crypto space. Notably, this integration will not only enable Burrito Wallet users to trade VNX tokens but also grant them access to the transformative Web3.0 world of opportunities.
Now, Burrito Wallet users can unlock more opportunities for diversification with VNX Gold, VNX Euro, and VNX Swiss Franc. These tokens offer a unique gateway into the world of tokenized traditional assets in Europe, promising users unparalleled stability, security, and seamless transaction experiences. Backed by real-world assets, VNX tokens combine the benefits of traditional assets with the efficiency and transparency of blockchain technology. As Burrito Wallet users buy VNX tokens, they gain the flexibility to effortlessly convert them to traditional fiat currencies or even physical gold, utilizing the capabilities of the VNX platform.
VNX Gold (VNXAU) is a multichain token that offers investors a direct ownership of the LBMA-certified physical gold stored in high-security vaults in Liechtenstein, a country with a stable economy and an S&P AAA rating. Each VNXAU token represents one gram of physical gold, making it a convenient option for those looking to participate in the gold market. In its turn, VNX Euro (VEUR) and VNX Swiss Franc (VCHF) are multichain tokens referencing respective currencies and opening various opportunities in the crypto space with traditional currencies. Thanks to its multichain capabilities, Burrito Wallet users have access to tokens on several blockchains, expanding their choices for engaging with the crypto market. Furthermore, the platform allows users to seamlessly switch the token chain within the VNX platform, granting them enhanced flexibility and convenience in managing their assets.
“We are delighted to announce our collaboration with Burrito Wallet, which further strengthens our global reach and facilitates enhanced accessibility of VNX Gold, VNX Euro, and VNX Swiss Franc for users in South Korea” said Alexander Tkachenko, CEO and Founder of VNX.
VNX token’s generation and all services related to tokens are carried out by a company registered with the Liechtenstein Financial Market Authority. By adhering to stringent standards, VNX guarantees a secure and trustworthy environment for its users. The reserves supporting the tokens undergo regular audits and are openly accessible on the company’s website, bolstering stability and providing investors with a sense of confidence and assurance.
“The introduction of VNX Gold, VNX Euro, and VNX Swiss Franc on Burrito Wallet reflects our commitment to meeting the evolving needs of our users. By offering a diverse range of stable assets from Europe, Burrito Wallet empowers investors to explore new horizons and capitalize on emerging opportunities in the global market.” – Max Shin, CEO of Burrito Wallet.
VNX (www.vnx.li, www.vnx.lu) is a European company bringing traditional assets to the crypto world. VNX has two legal entities: in Luxembourg and Liechtenstein.
In 2019 VNX launched the end-to-end platform for tokenization of traditional assets that facilitates the whole life cycle for digital assets from planning to post tokenization support. In 2022 VNX presented the first European gold-backed token (VNX Gold) that represents individual ownership of physical gold from a token generator licensed by FMA under the Blockchain Act. VNX Gold provides the same benefits as investing in physical gold, such as store of value, protection against volatility and inflation, and high liquidity – with complete digital convenience and freedom.
Also in 2022 VNX presented fiat referenced tokens (stablecoins), VNX Euro (VEUR) and VNX Swiss Franc (VCHF), expanding investor capabilities in the crypto space by offering digital assets tied to traditional currencies.
About Burrito Wallet:
Burrito Wallet is a multi-chain Web3.0 wallet that allows users to manage their crypto assets, explore decentralized applications (DApps), and trade NFTs. It is developed by a subsidiary of Bithumb, a leading Korean crypto exchange.
In addition to its core functionality, Burrito Wallet also offers a number of other features, such as: a built-in NFT viewer, connect to decentralized exchanges (DEX), a staking platform (coming soon), a fiat onramp (coming soon), exploring Dapps and chat feature – connect with friends & send/receive cryptos or NFT directly in chat window.
Burrito Wallet is available for both Android & IOS mobile phone devices.