About CACHE

Physical Asset Tokenization

Tokenization of physical assets is the process of representing real-world assets in the form of digital tokens. By tokenizing physical assets, it is possible to track ownership and store value digitally. Asset tokenization facilitates more efficient systems for trading, transferring, and managing assets, as well as reducing the costs associated with traditional asset management. In addition, tokenization can also unlock liquidity and increase access to capital markets, allowing investors to diversify their portfolios and invest in new asset classes. Asset tokenization has the potential to dramatically change the way people interact with physical assets while revolutionizing the traditional financial sector.

Our Mission

CACHE was founded to develop the technologies for tokenization of physical assets. CACHE's mission is to allow investors to access, own, and manage their physical assets in the digital realm.

CACHE brings the benefits of blockchain technology to real world assets, enabling process automation in a secure, transparent, and verifiable manner. CACHE's platform and infrastructure bridges the gap between traditional asset ownership and the public distributed ledger technologies, allowing users to securely store, manage, and trade their physical assets within the world of Web3.

An Ideal Partner For Tokenization

Tokenizing physical assets is a complex process. Challenges include the prevention of fraud, theft, and counterfeit goods. Lack of a centralized registry or authority makes it difficult to track the ownership and value of physical assets.

CACHE is an ideal partner for the tokenization of physical assets, with extensive experience in precious metals, vaulting, and blockchain technologies, as well as unparalleled transparency provided by GramChain and Chainlink. CACHE can help your business build secure, transparent processes for any use case.

CACHE Leadership Team

CACHE is governed by a shareholder agreement that delegates operational policy decisions to the board of directors, which is comprised of three individuals who are registered as such with the Accounting and Corporate Regulatory Authority of Singapore (ACRA).

Gregor Gregersen

Director and CEO

Gregor has 20 years of software development experience and over the past decade has brought over 375 tons of gold and silver to Singapore, most of which are stored at The Safe House. With The Reserve he is currently building the largest vault for precious metals in the world.

In software development his roles have included:
  • Founder of Little Bit Pte Ltd, developer of vault management software, Lloyds insurable cryptocurrency storage and collateralized P2P lending systems
  • Senior Data Architect at Commerzbank AG
  • Business Intelligence Consultant for various MNCs (BMW, Microsoft, T-Systems)
In precious metals he founded:

Nizam Ismail

Director

Nizam is an experienced attorney and consultant with over 27 years of expertise in financial services regulatory compliance and litigation. He brings invaluable regulatory and compliance know-how to CACHE.

As a regulator:

Nizam spent six years as a regulator at the Monetary Authority of Singapore (MAS), where he was Deputy Director and Head of the Market Conduct Policy Division. At MAS, Nizam worked on various policy reviews leading to the enactment of key legislation including:

  • The Securities and Futures Act
  • The Financial Advisers Act
  • The Business Trusts Act
As a regulatory and compliance counsel he was:
  • Head of the Financial Services Practice at RHTLaw Taylor Wessing LLP
  • Head of Compliance for Southeast Asia at Morgan Stanley
  • Executive Director, Legal and Compliance at Nomura Singapore
  • Senior Legal Counsel at Citigroup

Otbert de Jong

Strategic Advisor

Otbert is a former PwC partner and head of the risk advisory services of ABN AMRO Bank. He brings over 20 years of governance, regulatory, compliance and risk management experience to CACHE in addition to his blockchain expertise gained as co-founder of the insurance technology company, insurancemarket.sg

His background includes:
  • Co-founder of Metis Consultancy, Risk Management & Technology for Financial Institutions.
  • Head of the Dutch Governance, Risk and Financial Services Compliance advisory unit of PricewaterhouseCoopers (PwC).
  • Executive Vice President, Global Head of Risk Advisory Services ABN AMRO Bank NV.
  • Senior Vice President, Head of Credit Portfolio Management Asia Pacific ABN AMRO Bank NV.

Important Notice:

CACHE Gold, established in 2018, embarked on a mission to digitize gold through the issuance of fungible ERC-20 tokens, utilizing the GramChain asset tracking system. This innovative approach offered a transparent and fully backed solution, providing real-time and tamper-evident Proof of Reserve (PoR).

Recent regulatory changes and proposed amendments are expected to significantly increase our compliance and administrative costs, rendering the issuance of new gold backed tokens in Singapore unfeasible. In light of these developments, CACHE Gold has made the difficult decision to enter indefinite dormancy. This move is aimed at addressing the operational complexities arising from the recent and potential regulatory shifts. Our primary focus during this period of dormancy will be to facilitate the redemption/conversion of any remaining tokens.

If you hold any outstanding CGT, please contact us at [email protected] for guidance on CGT redemption/conversion.

CACHE Gold has consistently maintained more than 100% backing for its tokens and possesses adequate net assets to responsibly close operations, settling all liabilities. We have actively reduced outstanding tokens and hold only a minimal number of third-party tokens.

We deeply regret being unable to realize our vision of issuing highly transparent public blockchain gold tokens.