/C O R R E C T I O N -- GGBR Inc./
Rhea-AI Summary
GGBR (symbol: IONI) announced the public launch of the Goldfish platform and a gold-backed stablecoin (Goldfish token, GGBR) on Oct. 21, 2025. Each token is backed by 1/1,000th of a troy ounce of LBMA-priced gold and supported by 5:1 collateral coverage via I-ON Digital's ION.au gold-backed assets.
The live platform offers buy, hold, and redemption functions, real-time proof-of-collateral verification via oracles, 24/7 liquidity, and physical redemption through regulated dealers. The launch followed presales that generated initial proceeds tied to I-ON Digital's Bitcoin and Ethereum reserve portfolio. Roadmap items include multi-chain interoperability, DeFi integration, and additional exchange listings.
Positive
- Each Goldfish token backed by 1/1,000th troy ounce of LBMA-priced gold
- 5:1 collateral coverage through I-ON Digital's ION.au gold-backed assets
- Platform is live with real-time proof-of-collateral verification
- 24/7 liquidity and regulated-dealer physical redemption options
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, IONI declined 2.59%, reflecting a moderate negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
In the news release, Goldfish Gold Drives Accessible Tokenized Gold Investment, Launches Stablecoin, issued 21-Oct-2025 by GGBR Inc. over PR Newswire, we are advised by the company that I-ON Digital Corp company stock ticker has been added to the first paragraph and the boilerplate has been updated. The complete, corrected release follows:
Goldfish Gold Drives Accessible Tokenized Gold Investment, Launches Stablecoin
Goldfish Gold (GGBR Inc.) officially launches gold-backed stablecoin, offering liquidity, physical redemption options, and real-time price stability via proof-of-reserve oracles
CHEYENNE, Wyo., Oct. 21, 2025 /PRNewswire/ -- GGBR Inc., a
Built in collaboration with ION, Goldfish represents a secure synthesis of physical gold value and decentralized finance innovation. Each Goldfish token (GGBR) is backed by 1/1000th of a troy ounce of LBMA-priced gold, with 5:1 collateral coverage through ION's ION.au gold-backed assets.
The Goldfish platform, now live, facilitates buy, hold, and redemption transactions in tokenized gold, with real-time proof-of-collateral verification. GGBR holders benefit from 24/7 liquidity, physical redemption options through regulated dealers, and stable pricing tied to live market gold rates.
"Goldfish is the synthesis of two titans: gold as a timeless store of value, and the flexibility of modern decentralized finance," said Peter Mikhailenok, President of GGBR Inc. "Our mission is to make gold ownership borderless and inclusive, offering a trusted foundation for everyday investors."
Goldfish's launch follows successful presales that recorded initial proceeds for I-ON Digital's Bitcoin and Ethereum reserve portfolio. As part of its roadmap, Goldfish plans to expand multi-chain interoperability, integrate with leading decentralized finance (DeFi) platforms to enhance utility and accessibility, and increase market exposure through listings on numerous centralized exchanges.
About GGBR Inc.
GGBR Inc. is a
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SOURCE GGBR Inc.