Shares on Tear as Firm Announces Crypto Launch Plans in Eastern Europe

By: Tomas Ronolski - AllPennyStocks.com News

Thursday, December 12, 2024

With a focus on both gold reserves and cryptocurrency, this company is securing its future by backing digital tokens with real-world assets. Recent plans to bolster its crypto offerings include a gold-backed token listed on a global exchange. And shares of this firm are up 100 percent in morning trading.

AURI Inc. (OTC PINK:AURI) announced in a press release today a definitive collaboration with the Eastern European country of Moldova, to launch the company's cryptocoins and tokens throughout Europe.

European regulations towards crypto are currently more accommodating than those in the United States, and Moldova has signaled a public desire to allow cryptocurrency to replace their national exchange medium. For AURI, this means that this collaboration could reach over 750 million people.

AURI’s current coins are backed by assets such as rare art, and the company recently announced plans to launch AU AURI, a cryptocurrency backed by gold. Additionally, there are plans to launch coins backed by other rare and precious metals. AURI crypto coins are listed on the Salavi global exchange.

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