According to official announcement, Yun Feng Finance’s Yun Feng You Yu platform launched a physical gold token product today (May 7). The token is designed for qualified professional investors and backed by physical gold as the underlying asset, with each unit corresponding to 1 gram of LBMA-certified gold with 99.99% purity. The gold assets are held in custody by an LBMA-certified professional vault with independent verification and audit, ensuring asset transparency and security through full allocation and segregated safekeeping mechanisms.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Pi Network founder attends Consensus 2026 and delivers a speech on identity verification in the AI era
According to an announcement from Pi Network’s official X account, Pi Network co-founder Chengdiao Fan delivered a speech at Consensus 2026 in Miami, USA on May 6 on “Practical Integration of Web3, AI, and Blockchain,” while Kokalys participated on May 7 in a discussion titled “How to Prove You’re Human in an AI World.”
MarketWhisper8m ago
Aave liquidates the Kelp DAO attacker’s positions, and the Arbitrum vote approves unfreezing rsETH
According to Aave’s May 7 announcement, the Arbitrum DAO voting to unlock ETH related to the April 18 rsETH incident has reached the quorum, with over 1,600 addresses, receiving unanimous support from the community. On the same day, Aave, following its established governance procedures, completed the liquidation of the remaining rsETH positions in the Aave protocol held by the attacker of Kelp DAO.
MarketWhisper15m ago
Gnosis DAO Redemption Vote Flips as 67,000 GNO Whale Backs Proposal; 65% Support
According to ChainCatcher, Gnosis DAO is conducting a Snapshot vote allowing GNO holders to redeem DAO treasury shares proportionally. The treasury holds approximately $223 million in assets, with 1.3 million GNO eligible for redemption at roughly $170 per token versus the current trading price
GateNews29m ago
DTCC CEO: Tokenized securities testing to start in July; L1 performance is the key bottleneck
CoinDesk reported on May 6 that Frank La Salla, president and CEO of Depository Trust & Clearing Corporation (DTCC), said on Wednesday at the Consensus 2026 conference in Miami that DTCC is working with multiple Layer-1 (L1) blockchain networks and announced that the company plans to begin testing a tokenized securities platform starting in July 2026.
MarketWhisper1h ago
American Bitcoin Q1 financial report: Bitcoin reserves rise to 7,021, with a net loss of $82 million
According to reports by Bloomberg and Reuters on May 7, American Bitcoin Corp. (ABTC), a Bitcoin mining company supported by the Trump family, released its first-quarter 2026 financial results, posting a net loss of $82 million, widening from a $59 million loss in the fourth quarter of 2025; its mining output for the quarter was 817 BTC, and as of March 31 total Bitcoin holdings rose to 7,021 BTC.
MarketWhisper1h ago
Aave Liquidates Kelp DAO Attacker's rsETH Positions
Onchain lending platform Aave has liquidated the Kelp DAO attacker's remaining rsETH positions as part of a previously announced recovery plan, according to an announcement on Wednesday. The liquidated collateral will be moved into the Recovery Guardian, a designated multisig managed by the DeFi Uni
CryptoFrontier6h ago
