The crypto industry is currently in the middle of a remarkable rally and it is only natural for investors to look into companies involved in the sector. In light of recent events, it may be a good time for investors to consider taking a look into AURI Inc (OTC: AURI) and yesterday the company provided an update with regards to two of cryptocurrency coins which it launched recently.
The Update
The company noted that one of the two coins was backed by its own gold reserves and the other was backed by its large catalogue of video, computer software, music, games, movies sports memorabilia and photograph related intellectual property rights. AURI noted that the reserves were being appraised independently and that it had also engaged the services of the same contractor that had helped the company launch its art backed cryptocurrency. It remains to be seen if the latest announcement leads to any attention for the stock.
Further Information
Additionally, the company also revealed that its team was in the research and development stage for the creation of a worldwide online marketplace that would enable the purchase and sale of products through crypto currencies. It would be supported through the payment processing technologies from the company’s partners.
CEO Comment
Edward Vakser, AURI’s CEO is quoted as saying, “Due to the support and enthusiasm of our European partner, in Moldova, we have been exposed to very profitable business opportunities. Although the new year is just getting under way, we can already see that 2025 is going to be a banner year for the company and our shareholders. Through a strategic purchase we have gained the rights to untold gold reserves. In addition, through a new business venture we have partnered with several media companies that has garnered us access to priceless media and entertainment IP property rights.
