Invictus Capital launches Gold Plus Fund token

Invictus Capital has launched the Invictus Gold Plus Fund under IGP Token. The Invictus Gold Plus Fund (IGP) allows clients  to earn enhanced returns on gold investment. The fund offers increased returns through margin lending and arbitrage strategies. The IGP fund is an open-ended fund that tracks the underlying gold spot price through gold-backed cryptoasset tokens. The IGP fund will hold gold tokens, namely Tether Gold (XAUT) and PAX Gold (PAXG), with a small portion invested in the Margin Lending Fund. 

Along with this launch, investors are now able to invest via credit or debit cards into the Invictus wallet with zero transaction fees applied on your first $1000 USD investment in the fund. 

Gold has traditionally been a great diversification asset during times of market uncertainty and serves as a hedge against inflation. With the rise in Blockchain technology facilitating the opening of new gold markets, we are now able to offer enhanced returns on gold by investing in the Invictus Gold Plus fund. The IGP fund is a tokenized fund that facilitates daily dealing for investors to subscribe or redeem their funds at NAV. The IGP fund is available on the Invictus Investor Platform.  

Invictus has partnered with both Paxos and Tether in supplying gold-backed tokens as the primary source of gold exposure. These are digital assets with each token being backed by one fine troy ounce (t oz) of a 400 oz London Good Delivery gold bar, stored in Brink’s vaults. Invictus Capital will own the underlying physical gold, held in custody by the suppliers.