What we did:
We’ve worked with The Royal Mint for many years. Recently, we’ve been working with their subsidiary, RM Assets, to set up and launch Royal Mint Gold (RMG) – the new digital gold standard. We worked with the Royal Mint’s in-house counsel, advising them on the legality of this cutting edge technology. RMG allows you to own physical gold, and trade it using blockchain technology on exchange traded platforms.
When you buy 1 RMG, you own 1 gram of gold – and it’s kept in the Royal Mint’s high security vaults. Each transfer of RMG is logged on the blockchain; making it transparent, cost-effective, and highly secure.
As RM Assets is both a start-up and a wholly owned subsidiary of The Royal Mint, we’ve adapted our approach to fit the agility of a tech start-up and the working practices and governance requirements of a historic, successful, government owned manufacturing business.
What they said:
‘As the only company owned by Her Majesty’s Treasury, all matters associated with The Royal Mint have exacting standards and must be beyond reproach. Capital Law ensures that this remains the case. Capital’s lawyers, across all levels, are seen by our senior leadership team as an integral part of the business.’ Vin Wijeratne, Chief Financial Officer