VNX is a Liechtenstein-based company registered by the Financial Market Authority (FMA) under the Blockchain Act. VNX generates and gold-backed tokens VNX Gold (VNXAU) and fiat-referenced tokens (the FRT or stablecoins) - VNX Euro (VEUR), VNX Swiss Franc (VCHF) and VNX British Pound (VGBP). VNX has its native digital platform that allows clients through its exchange service to easily buy and sell stablecoins for fiat or crypto.
VNX Gold is a multichain token, representing your direct ownership of physical gold that is certified by the London Bullion Market Association (LBMA). Each bar is stamped by its own serial number and linked to VNX Gold tokens, which you can buy, sell, or transfer at your convenience.
VNX launched its European platform for investment into tokenized traditional assets in April 2022. The company issued the first European multichain token fully backed by physical gold, VNX Gold (VNXAU). In December 2022, VNX expanded its offerings by introducing VNX Euro (VEUR) and VNX Swiss Franc (VCHF), providing digital assets tied to traditional currencies. In 2025, VNX continued to expand its product line with the launch of VNX British Pound (VGBP). These tokens enable crypto users to trade stable assets, hedge, and manage their portfolios more effectively.