Dignity Corporation announced that its native DIGau token will be listed on BitGlobal, according to a press release. Kent M. Swig, Chairman of Dignity Corp said:
“We are excited to add BitGlobal to the growing number of exchanges that will list DIGau, making the token readily available to investors and institutions across the globe who value verified gold reserve-backed investments.”
He added:
“The DIGau token is a revolutionary, regulation-forward security that will be linked to actual mined metals, as well as a complementary investment fund where token holders can share in profits with dividends.”
Dignity Corp. is concurrently engaged in issuing DIGau tokens in private placements to certain investors under exemptions from the registration requirements of the Securities Act provided by Rule 506(c) of Regulation D and Regulation S of the Securities Act. These tokens are “restricted securities” as defined in Rule 144 of the Securities Act.
Due to various factors, including the restrictions imposed by securities rules, the tokens issued in Regulation S private placements will not be eligible to trade on Bit Global unless and until certain restrictions are lifted and tokens issued in Regulation D private placements will not be eligible to trade on Bit Global.