News Summary
Swag Coin, LLC has officially launched SWAG GOLD (SWAGG), a cryptocurrency backed by 50 tonnes of U.S. gold reserves. This innovative token aims to combine the reliability of gold with the benefits of blockchain technology for diverse financial activities. As interest in gold and crypto grows, SWAGG seeks to attract both young and institutional investors by providing a stable store of value and a medium of exchange. However, potential investors are advised to conduct thorough research and seek professional guidance due to market risks.
South Carolina – Swag Coin, LLC (SCL), a private company based in South Carolina, has announced the official launch of its latest cryptocurrency, SWAG GOLD (SWAGG), which is a US gold-backed Real-World Asset (RWA) Coin. This innovative digital token seeks to fuse the value of physical gold with the advantages of blockchain technology, including efficiency and transparency.
SWAG GOLD (SWAGG) is initially backed by an impressive 50 tonnes of legally compliant, U.S.-based in-ground gold reserves, which translates to approximately 1.608 million ounces or 50 million grams. These gold reserves are managed under Bureau of Land Management (BLM) mining claims, ensuring regulatory compliance and security for investors. The management of these reserves will be handled by Swag Gold Reserves LLC (SGRL) with the objective of benefiting all holders of the SWAGG token.
SWAG GOLD (SWAGG) is designed to fulfill multiple roles in the financial landscape. Its applications range from serving as a stable store of value and a medium of exchange to acting as a versatile asset for both institutional and retail investors. The token provides a combined diversification potential of gold and cryptocurrency, making it an attractive option for young and emerging investors seeking portfolio diversification and a hedge against inflation.
The launch of SWAG GOLD (SWAGG) comes at a time when market interest in gold and cryptocurrency is growing. A report published on June 18, 2025, indicated a rising fascination among younger investors in utilizing gold and digital currencies for portfolio diversification and as a safeguard against inflation. This trend highlights the necessity for innovative investment products that merge traditional assets with modern technology.
Swag Coin, LLC emphasizes that SWAG stands for “Secured With American Gold,” reinforcing the asset-backed nature of the token. SWAG GOLD (SWAGG) aims to provide a unique solution by combining gold’s longstanding reputation as a reliable asset with the technological benefits that cryptocurrencies offer. The integration of these sectors could reshape how investors view and manage their portfolios.
SWAG GOLD (SWAGG) enables a variety of financial activities that extend beyond simple investments. Its applications include facilitating cross-border transactions, collateralizing decentralized finance (DeFi) assets, assisting in corporate treasury management, and contributing to a diversified investment portfolio. This broad array of functions underscores the coin’s potential to appeal to a wide audience of users ranging from individual investors to large corporations.
However, the public should remain informed about the risks associated with cryptocurrency investments. A disclaimer included in the press release states that the information is for informational purposes only and does not constitute an offer to sell or a solicitation to purchase SWAG GOLD (SWAGG). Potential investors are strongly encouraged to seek advice from financial, legal, and tax professionals before making any investment decisions, particularly given the inherent market volatility and evolving regulatory environment surrounding cryptocurrencies.
For further inquiries regarding SWAG GOLD (SWAGG), interested parties can contact the company at [email protected] or visit their official website at www.swagg.gold.
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Author: STAFF HERE FLORENCE WRITER
FLORENCE STAFF WRITER The FLORENCE STAFF WRITER represents the experienced team at HEREFlorence.com, your go-to source for actionable local news and information in Florence, Florence County, and beyond. Specializing in "news you can use," we cover essential topics like product reviews for personal and business needs, local business directories, politics, real estate trends, neighborhood insights, and state news affecting the area—with deep expertise drawn from years of dedicated reporting and strong community input, including local press releases and business updates. We deliver top reporting on high-value events such as the Florence Festival of Lights, Pee Dee Pride, and agricultural expos at the Florence Center. Our coverage extends to key organizations like the Florence Regional Chamber of Commerce and the Pee Dee Area Council of Governments, plus leading businesses in healthcare and retail that power the local economy such as McLeod Health and Pee Dee Electric Cooperative. As part of the broader HERE network, including HERECharleston.com, HEREColumbia.com, HEREGreenville.com, and HEREHiltonHead.com, we provide comprehensive, credible insights into South Carolina's dynamic landscape.
