# Cache

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cache

- Industry: Financial Services
- Headquarters: Singapore, Singapore
- Website: https://cache.gold/
- Total disclosed funding: $0.5M
- Latest round: Seed (Apr 21, 2020)
- Investors on record: 2

## About

Based in Singapore and founded in 2018 by Brian Hankey (CIO), and Gregor Gregersen (CEO), Cache Private Limited, dba CACHE, offers CACHE Gold Token (CGT) that are a form of modern cryptocurrency backed by gold stored in vaults around the world where 1CGT is equivalent in value to 1gm of gold. In July 2021, Cache raised Seed capital of a total of SDG 3 million of funding over 3 rounds from 2 investors viz., Palisades Goldcorp and Dillon Gage. The firm’s tokens can be traded on Bittrex Global, Uniswap, and Bithumb.

Cache uses blockchain technology to provide a transparent gold marketplace to buyers. The firm provides Cache Gold Tokens (CGT) that combine the benefits of owning gold with the benefits of a cryptocurrency which can be redeemed for physical gold at any point. The firm also offers an asset tracking system, GramChain® that provides real-time gold bar location, photographs, vault location, purity, and serial numbers to enable customers keep a track of their investments.

CACHE intends to expand to offering silver tokens.

## Funding rounds

- Seed, Apr 21, 2020, $0.5M — Momentum Invest, Xponance

## Investors

- Momentum Invest (https://capitalatlas.ai/funds/momentum-invest) — Seed
- Xponance (https://capitalatlas.ai/funds/xponance) — Seed