Bullion Asset Management Services Pte. Ltd. (BAM) is focused on the digitization of stable assets. BAM’s subsidiary xbullion Holdings (“xbullion”) launched its digital gold and silver tokens (“GOLD” & "SILV") which represent direct ownership in vaulted, audited, insured, investment grade gold and silver bullion - https://xbullion.io While TAU Pty Ltd, launched XAUD an Australian Dollar backed stablecoin - https://xaudtoken.io