ComTech Gold, a digital gold platform, has teamed up with PeerHive to launch a gold-backed financing solution for Malaysian investors. This innovative offering enables investors to use their tokenised physical gold, known as CGO Tokens, as collateral for financing, allowing them to retain ownership of their gold whilst accessing liquidity.
The partnership addresses a common dilemma for gold investors in Malaysia: the need to choose between holding gold as a long-term asset or liquidating it for short-term cash needs. By pledging CGO Tokens, which are backed 1:1 by physical 24-karat gold stored in insured vaults, investors can secure financing through PeerHive without selling their gold.
Gold has long been a trusted asset for wealth preservation in Malaysia. With increasing interest in digital assets and alternative financing, this partnership aims to modernise gold’s role as a financial tool. Jignesh Ved, Founder of ComTech Gold, stated, “This partnership is about giving gold investors greater flexibility.”
The solution offers several key features, including transparent valuation based on LBMA PM Fix benchmarks and institutional-grade risk controls. Unlike traditional pawn or buyback models, investors maintain beneficial ownership of their gold throughout the financing period.
ComTech Gold provides the digital infrastructure and gold custody capabilities, whilst PeerHive contributes expertise in secured lending and credit assessment. The partnership operates under UAE regulatory frameworks and is available to international investors, including those in Malaysia.
This collaboration highlights the evolution of secured lending, combining traditional asset-backed lending with modern technology to benefit both lenders and borrowers.
