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BPG launches XAU trading on Ripple

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Guest jarvis

Time to load up on some!! 

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Where is this "Banquecorp Physical Gold" incorporated? Can we at least get address and company number of this company?

Is this the correct company (copied from the Slovenian Business Registry):

SIC INFORMATION ABOUT THE ENTITY
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entity status:     registered
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court/business register entry date:     03.06.2015
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registration number:     6861784000
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tax number:     SI 59251182
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full company name: BANQUECORP PHYSICAL GOLD, trgovanje s plemenitimi kovinami, d.o.o.
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short company name: BANQUECORP PHYSICAL GOLD d.o.o.
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registered office: Ljubljana
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business address: Litostrojska cesta 44A, 1000 Ljubljana
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legal organizational form: Limited liability company (d.o.o.)
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share capital: 7.500,00 EUR
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number of shares: no entry
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type of supervisory authority: nima organa nadzora
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Where is this company licensed? This entry shows "type of supervisory authority: no supervisory body" (Google Translate). This company also has minimal share capital (only 7.500 EUR).

 

 

Edited by T8493

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2 minutes ago, T8493 said:

Where is this "Banquecorp Physical Gold" incorporated? Can we at least get address and company number of this company?

Address:

Banquecorp Physical Gold d.o.o.

Litostrojska 44a
1000 Ljubljana
Slovenia, Europe

From http://www.bpgvault.com/fund-documents

*Banquecorp Physical Gold Ltd. (SI) is licensed as a precious metal trader and precious metal refining company. Furthermore Banquecorp Physical Gold Ltd. is registered with the Securities Market Agency as an alternative Fund Manager. The company is operating a precious metal refinery (hereinafter referred to as the »Investment Manager«) (precious metal trading license No 6433-13/2015/4, precious metal refining license No 6433-25/2015/4, registered as an investment fund manager - license issued by the Securities Market Agency – 6/3939ZUAIS.
* BPG, precious metal storage Plc. is operating precious metal storage faciliites and is registered with the Securities Market Agency as a commodity Fund.
*Banquecorp Physical Gold Ltd. (UK) is registered with the UK Assay Office and specializes in trading precious metals (hereinafter referred to as the »Administrator«).

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Just now, Mercury said:

Address:

Banquecorp Physical Gold d.o.o.

Litostrojska 44a
1000 Ljubljana
Slovenia, Europe

From http://www.bpgvault.com/fund-documents

*Banquecorp Physical Gold Ltd. (SI) is licensed as a precious metal trader and precious metal refining company. Furthermore Banquecorp Physical Gold Ltd. is registered with the Securities Market Agency as an alternative Fund Manager. The company is operating a precious metal refinery (hereinafter referred to as the »Investment Manager«) (precious metal trading license No 6433-13/2015/4, precious metal refining license No 6433-25/2015/4, registered as an investment fund manager - license issued by the Securities Market Agency – 6/3939ZUAIS.
* BPG, precious metal storage Plc. is operating precious metal storage faciliites and is registered with the Securities Market Agency as a commodity Fund.
*Banquecorp Physical Gold Ltd. (UK) is registered with the UK Assay Office and specializes in trading precious metals (hereinafter referred to as the »Administrator«).

@Mercury, "Banquecorp Physical Gold d.o.o." is not the same company as "Banquecorp Physical Gold Ltd.". Banquecorpy Physical Gold Ltd. is registered in the UK (address: 2 WOODBERRY GROVE, 1ST FLOOR, N12 0DR LONDON) , but Banquecorp Physical Gold d.o.o. is registered in Slovenia.

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3 minutes ago, T8493 said:

@Mercury, "Banquecorp Physical Gold d.o.o." is not the same company as "Banquecorp Physical Gold Ltd.". Banquecorpy Physical Gold Ltd. is registered in the UK (address: 2 WOODBERRY GROVE, 1ST FLOOR, N12 0DR LONDON) , but Banquecorp Physical Gold d.o.o. is registered in Slovenia.

Oops, apologies. Seems they are all owned by the same group though

http://www.bpgbullion.com/

The various sections are incorporated in different jurisdictions. The refinery in Slovenia, while the trading and asset funds are in the UK, etc.

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23 minutes ago, gatehub said:

Hi @T8493, we have a brand new gateways section where you can find all the information about our gateways: https://gatehub.net/gateways

This page says: 

Quote

 

By purchasing the XAU you become the owner of 1 g gold bar with a distinctive 8-digit serial number. The XAU are issued to your wallet by BPG.

 

 

Ripple IOUs are not integers and you can't assign distinctive 8-digit serial number to them.

Assume I buy 2.485 XAU IOUs on the RCL. Which distinctive 8-digit serial numbers are associated with my 2.485 XAU IOUs?

 

 

 

 

 

Edited by T8493

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Guest Dizer
17 minutes ago, gatehub said:

@T8493 you are right. Seems like we published one of the previous versions of FAQ. We'll update the text shortly.

Thank you!

@gatehub please let us know when you updated the FAQ page. I think @T8493's questions are important to answer.

 

Thanks!

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