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Financial infrastructure

Investment announcement: Vaultoro

1 Mar 2019

Fulgur Ventures

3 min read

Vaultoro is a London-founded trading platform pairing Bitcoin with allocated, vaulted physical gold and silver in Switzerland — giving holders an instant on-chain bridge between hard digital and hard physical money.

Sound money has always come in two flavours: the kind you can weigh and the kind you can verify. Vaultoro is one of the few platforms that lets users move fluidly between both. Founded in 2014 by Joshua and Philip Scigala and headquartered in London, the company operates a trading venue where Bitcoin can be swapped directly for allocated physical gold and silver, stored in fully reserve-backed Swiss vaults.

What sets Vaultoro apart is the structure behind every trade. Unlike paper-gold products or pooled custody schemes, every gram is allocated to the customer, audited, and redeemable. Bitcoin acts as the rails; physical metal acts as the settlement asset. For long-term Bitcoiners who occasionally want exposure to non-correlated hard assets, the platform offers a rare option that does not require selling into fiat.

This is exactly the kind of financial infrastructure our thesis points to. Bitcoin is not just an asset — it is a settlement network capable of moving value into and out of every form of property. Vaultoro embodies that idea by using Bitcoin as the entry and exit point for one of the oldest stores of value humanity has ever known, while removing the layers of intermediaries that traditionally sit between savers and bullion.

The macro backdrop only sharpens the thesis. Central bank gold buying is at multi-decade highs, and a generation that grew up with Bitcoin is rediscovering precious metals on its own terms — verifiable, allocated, and redeemable. Vaultoro is built for that user.

We have been partnered with Vaultoro since 2019 and continue to back the team as they expand the bridge between Bitcoin and the world's hardest physical assets. Gold for satoshis, satoshis for gold — settled in Switzerland, anchored on Bitcoin.