Aurus has announced a strategic partnership with Omega Minerals to tokenize up to 1 million troy ounces of unmined gold reserves.
Author: Sahil Thakur
Written On: Fri, 23 May 2025 05:18:19 GMT
Aurus and Omega Minerals have launched a bold initiative to tokenize up to 1 million troy ounces of verified gold reserves in British Columbia. This new digital asset, the CGR token (Canadian Gold Reserves), will represent measured but unmined gold from Omega’s Alice Creek Property.
The launch begins with 1 million tokens backed by 25,000 troy ounces of gold. Each CGR token offers investors exposure to gold without the environmental impact of traditional mining. As more reserves are pledged, Aurus will mint additional tokens.
Robert Perlitz, CEO of Omega Minerals, describes CGR as “turning the earth itself into the vault.” The project offers a new way to invest in gold by tying token value to underground reserves rather than extracted metal. This approach aligns with growing demand for sustainable investment options.
The CGR token will debut at $35, calculated from the COMEX spot price minus the all-in sustaining cost, divided by the number of tokens. This pricing model reflects the token’s grounding in real, verifiable gold reserves.
Like Aurus’s other token, cGOLD, CGR integrates with Web3 tools. Investors can use CGR in DeFi, for trade finance, and to gain exposure to sustainable commodities. Minting each token triggers a 0.5% fee that goes to the Aurus Protocol Vault, supporting its long-term treasury.
Guido van Stijn, Director at Section79, sees CGR as a bridge between traditional investors and the blockchain world. “This is gold ownership that’s ethical and forward-looking,” he said.
CGR represents a major step in the Real World Asset (RWA) movement. Unlike earlier concepts, this is not a theoretical or pilot program—Aurus and Omega Minerals are implementing tokenized underground reserves at scale. This shift brings real, tangible innovation to the blockchain space.
Omega controls a significant resource base in British Columbia. With decades of experience, its leadership is focused on growing these assets responsibly. The company’s commitment to sustainability and transparency makes it an ideal partner for Aurus.
CGR tokens are now available for pre-sale. Accredited investors and high-net-worth individuals can participate by visiting the Omega landing page at https://AURUS.org/omega. The project also features a pledge guarantee, ensuring each token’s backing with gold verified by geological data.
CGR introduces a new model for gold investment. By replacing extraction with tokenization, Aurus and Omega Minerals are rethinking what it means to own gold in the digital age. As demand grows for sustainable and innovative assets, CGR could redefine both precious metals and blockchain finance.
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.
Built for the Web3 Economy
Expanding the RWA Landscape
Mubert Expands to Polkadot with Rollup to Enhance Content Ownership and Licensing
FIFA Planning To Launch Dedicated Blockchain With Avalanche
Aurus and Omega Minerals to Tokenize $1.6 Billion in Gold Reserves
Sui Validators Freeze $162M After Cetus Hack, Sparking Decentralization Debate
Mubert Expands to Polkadot with Rollup to Enhance Content Ownership and Licensing
FIFA Planning To Launch Dedicated Blockchain With Avalanche
Aurus and Omega Minerals to Tokenize $1.6 Billion in Gold Reserves
Sui Validators Freeze $162M After Cetus Hack, Sparking Decentralization Debate