Bitcoin Meets Gold in Canadian Startup Seeking 2015 IPO
This article is for subscribers only.
A Canadian startup says it will enable customers to swap their holdings between gold bullion and bitcoins, and it plans an initial public offering next year.
BitGold Inc.’s website will go live in the first quarter, co-founder Roy Sebag said in an interview today. The Toronto-based company will allow account holders to purchase bitcoins and exchange them for gold redeemable in various vaults around the world, as well as convert the metal back into the digital currency. Customers will also get a debit card, said Sebag, 29.