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sur I-ON Digital Corp (NASDAQ:IONI)

I-ON Digital Corp. Enters Strategic Agreement with GGBR Inc.

I-ON Digital Corp. has announced a strategic partnership with GGBR Inc. to monetize its ION.au gold-backed assets. This collaboration will use I-ON's hybrid blockchain and smart contracts to support the launch of GGBR's Goldfish stablecoin. The coin, backed by gold, offers 5:1 collateral coverage and aims to enhance stability in decentralized finance. Initial proceeds from Goldfish pre-sales have started contributing to I-ON's Bitcoin and Ethereum reserves.

This partnership marks a key step in merging traditional and decentralized finance. Goldfish, set to launch publicly in early October, targets crypto investors seeking asset stability. I-ON's platform ensures seamless integration and compliance, positioning the stablecoin as a standard in gold-backed digital assets. The agreement is expected to drive revenue and solidify I-ON's role in digital finance infrastructure.

R. E.

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