Saudi JournalSaudi Journal
  • Home
  • Saudi Arabia
  • Business
  • Life
  • Technology
  • English
  • العربية
  • Submit A Press Release
Saudi Arabia

Houthi attacks on Saudi airports raise question of war crimes, UN rights chief tells Arab News

…

Saudi Arabia

Officers graduate from King Abdulaziz Military Academy

…

Saudi defense minister discusses military cooperation with Kuwaiti, Malaysian counterparts

Saudi leadership offers condolences to Spain’s king after deadly train collision

New York, NY
54°
Fair
7:23 am5:56 pm EST
Feels like: 54°F
Wind: 5mph W
Humidity: 98%
Pressure: 30.31"Hg
UV index: 0
8 am9 am10 am11 am12 pm
55°F
57°F
59°F
61°F
64°F
FriSatSunMonTue
72°F / 50°F
61°F / 46°F
64°F / 50°F
72°F / 54°F
75°F / 55°F
New York, NY climate ▸
Facebook Twitter Instagram Pinterest
Latest posts:
  • Houthi attacks on Saudi airports raise question of war crimes, UN rights chief tells Arab News
  • Officers graduate from King Abdulaziz Military Academy
  • Saudi defense minister discusses military cooperation with Kuwaiti, Malaysian counterparts
  • Saudi leadership offers condolences to Spain’s king after deadly train collision
  • Saudi projects seek to boost water storage and cut energy use in Riyadh
  • Saudi deputy minister for public diplomacy receives Italian ambassador
  • Saudi Arabia ramps up Yemen aid with major projects during Yemeni leader’s visit
  • Debris from 2 intercepted missiles damages property in Riyadh
Facebook Twitter Instagram Pinterest
Saudi JournalSaudi Journal
  • Home

    Houthi attacks on Saudi airports raise question of war crimes, UN rights chief tells Arab News

    Officers graduate from King Abdulaziz Military Academy

    Saudi defense minister discusses military cooperation with Kuwaiti, Malaysian counterparts

    Saudi leadership offers condolences to Spain’s king after deadly train collision

    Saudi projects seek to boost water storage and cut energy use in Riyadh

  • Saudi Arabia
  • Business
  • Life
  • Technology
  • English
  • العربية
  • Submit A Press Release
Saudi JournalSaudi Journal
Home » From UAE Gold Hub to Nasdaq: Metra and GoldCoin Labs Open New Chapter in Digital Gold Finance
Business

From UAE Gold Hub to Nasdaq: Metra and GoldCoin Labs Open New Chapter in Digital Gold Finance

Facebook Twitter Pinterest LinkedIn WhatsApp
Share
Facebook Twitter LinkedIn Pinterest WhatsApp

Metra’s gold digital-finance business joins Nasdaq-listed ATIF to advance gold supply-chain finance and global trade settlement

NEW YORK – September, 2026 – Metra Group, GoldCoin Labs Limited (“GoldCoin Labs”) and ATIF Holdings Limited (Nasdaq: AUC) (“ATIF” or the “Company”) today marked a capital-markets milestone with a bell-ringing celebration attended by international guests at Nasdaq MarketSite, following ATIF’s completion of its acquisition of GoldCoin Labs.

Through GoldCoin Labs, now wholly owned by ATIF, Metra’s gold digital-finance business has entered a Nasdaq-listed platform. The approximately US$20 million all-share transaction closed on September 9, 2026, following unanimous board approval and an independent fairness opinion.

“The UAE’s role in connecting the global gold supply chain, international trade and financial innovation provides a unique strategic foundation for Metra Gold,” said Sheikh Hamad bin Rakadh Al-Amri
. “Today’s Nasdaq milestone is an important step in bringing together Metra’s gold-industry vision, GoldCoin Labs’ digital infrastructure and ATIF’s international capital-markets platform. As a shareholder, I have strong confidence in this direction and remain committed to supporting the company’s long-term development in gold supply-chain finance and global trade settlement.”

GoldCoin Labs is developing the issuance and related infrastructure for Metra Gold (GOLDM), a tokenized digital representation of physical gold. Each GOLDM token is intended to represent one gram of fine gold meeting London Bullion Market Association Good Delivery requirements and is intended to be backed on a 1:1 basis by physical gold. GoldCoin Labs’ contemplated business model includes token issuance and redemption, third-party custody of underlying gold, reserve verification, and blockchain-based transfer and settlement.

Metra’s broader objective is to explore how Metra Gold may support real financing, trade and settlement needs across the gold value chain. The UAE, an important global center for gold trading, refining, storage, logistics and re-export, is envisioned as a central hub for gold supply-chain finance and cross-border trade. Potential applications include trade finance supported by gold inventory or gold in transit, working-capital support through refining and delivery cycles, and cross-border B2B settlement.

For ATIF, the acquisition builds on its exploration of digital-asset businesses since June 2025. The board believes the transaction provides exposure to the growing tokenized real-world asset sector and is expected to further diversify the Company’s business and expand potential revenue sources.

For millennia, gold has anchored trust in global commerce. Building on that legacy, the Nasdaq MarketSite celebration marks a new stage for Metra, GoldCoin Labs and ATIF, with the UAE at the center of a broader vision linking gold, digital finance, global trade and capital markets.

About ATIF Holdings Limited

Listed on Nasdaq since April 2019, ATIF Holdings Limited provides business advisory, M&A planning and financial consulting services.

 

Forward-Looking Statements

This release contains forward-looking statements subject to risks and uncertainties. Actual results may differ materially. GoldCoin Labs’ products and services remain subject to applicable regulatory requirements, custody and reserve arrangements, technology development and market adoption. The Company undertakes no obligation to update such statements except as required by law.

 

Share. Facebook Twitter Pinterest LinkedIn WhatsApp

Related Posts

Business

Faraday Future Announces that it has Signed a Definitive Agreement with FFR to Combine FFAI’s Full Robotics Business at Approx. $200 Million Valuation and $2.246 Per Share, Representing Approximately 50 Percent Premium

Business

Foloosi Secures CBUAE In-Principle Approval, Accelerates Vision to Build the UAE’s AI-Native Payment Infrastructure

Business

Faraday Future Advances Strategic Transformation as FF EAI Robotics Moves Toward Standalone Nasdaq Platform

Business

Faraday Future Signs Strategic Cooperation Agreements with Six Regional Partners, Advancing Middle East EAI Robotics Commercialization

Business

From Cold Solutions to IoT Cube: A Sovereign Intelligence Layer for Enterprise Data in Saudi Arabia

Business

Saudi National Day: Saudi Media Keeps Pace with the Kingdom’s Development Journey Through Digital Transformation and AI

Saudi Arabia

Direct Umrah: A Single Access Point for Umrah Packages from Approved Providers

Business

Saudi National Team Continues Preparations for Gulf Cup Opener against Kuwait

Stay In Touch
  • Facebook
  • Twitter
Saudi Arabia

Houthi attacks on Saudi airports raise question of war crimes, UN rights chief tells Arab News

NEW YORK CITY: Attacks by the Yemen-based Houthis on airports and other civilian infrastructure in…

Officers graduate from King Abdulaziz Military Academy

Saudi defense minister discusses military cooperation with Kuwaiti, Malaysian counterparts

Saudi leadership offers condolences to Spain’s king after deadly train collision

Saudi projects seek to boost water storage and cut energy use in Riyadh

Houthi attacks on Saudi airports raise question of war crimes, UN rights chief tells Arab News

Officers graduate from King Abdulaziz Military Academy

Saudi defense minister discusses military cooperation with Kuwaiti, Malaysian counterparts

Saudi leadership offers condolences to Spain’s king after deadly train collision

Saudi projects seek to boost water storage and cut energy use in Riyadh

Stay informed with Saudi Journal, your trusted source for comprehensive coverage of news, events, and insights from Saudi Arabia and beyond. Explore diverse perspectives, stay updated, and engage with the latest stories shaping our world. Experience news like never before with Saudi Journal.

Facebook Twitter
Categories
  • Business (1,227)
  • Life (132)
  • MENA Business (11)
  • Saudi Arabia (296)
  • Technology (96)
  • Uncategorized (10)
  • World (62)
    • Africa (11)
    • Asia (27)
    • Europe (7)
    • US (5)
Our Picks
Business

Yango ride-hailing service introduces innovative mode, alerting Muslim drivers to prayer times

Business

Riyadh Season P1: Coello and Tapia start the season with a title Ustero-Sanchez shine with a stunning debut victory

Business

ZATCA Calls on Businesses to Submit 2025 Zakat and Income Tax Returns by April 30

© 2026 Saudi Journal.
  • Home
  • Saudi Arabia
  • Business
  • Technology
  • Life
  • English
  • العربية

Type above and press Enter to search. Press Esc to cancel.