CEO, Berkshire Hathaway
Founder, J.P. Morgan & Co.
American entrepreneur & author
Canadian businessman & author
As it stands, the global gold market lacks oversight.
- It is extremely challenging for investors to certify the location and even the existence of physical gold.
- The paper gold market is excessively larger than the physical gold market, causing discrepancies between supply and demand.
- As of 2021, almost all gold traded in London was unallocated and without legal title, making it easier to trade, but also raising concerns about legitimacy and transparency.
This lack of certification and transparency has created an alarming amount of industry secrecy.
- Minimal data on outstanding gold deposits/loans.
- Minimal data on allocated and un-allocated gold.
- Minimal data on gold reserves at central banks.
- Minimal data on physical shipments of gold.
Over the last two decades, gold has had sub-optimal returns when compared to equity markets.
- More worrisome is that gold is losing its luster as other stores of value (such as cryptocurrencies) are becoming more mainstream.
- A growing number of retail and institutional investors are beginning to allocate assets to cryptocurrencies instead of gold.
How the process works
A corporate gold owner will log into the Matador Network to list their gold holdings on the Matador platform. No technical skills required.
The user’s gold can now be used on the Matador Network – and is certified to be backed 1:1 with actual physical precious metals making them ‘as good as gold’.
Consumers can buy or sell gold on Matador, enabling them to earn through Matador’s industry-leading loyalty program.
Deven Soni is an experienced operations executive and investor. He spent several years as a technology-focused investor at Goldman Sachs and Highland Capital Partners where he invested over $200mm in technology growth and venture deals as aprivate equity investor. Deven has deep experience with asset digitization, co-founded Wired Investors, a tech-focused buyout firm that acquired 12 businesses between2015-2017.
Andrew Almeida is an experienced portfolio manager, entrepreneur, and CFA charterholder.
His career extends over 13 years working across financial services at firms including: JPMorgan, Advisors Asset Management, and City National Bank where he served as Associate Portfolio Manager on $1.25 Billion of multi-asset class portfolios.
Mr. Nigel Holmes is a co-founder of the the WIN Fund, a follow-on fund for Canada’s most successful Venture Fund, Summer Hill Ventures. Formerly, Nigel worked as a banker with GMP securities, as well as hedge fund investment analyst and corporate development executive with Galileo and US Global Investors. In addition, he worked as a corporate development executive with Scribble, and Brass Real Estate. As a capital allocator, Nigel was a seed investor into Hive Blockchain, Hut 8, Abaxx Technologies, Base Carbon, and Tokens.com
Addison Cameron-Huff is a programmer turned lawyer who’s been working in the blockchain industry for the better part of a decade. As product counsel he has assisted many Canadian and international businesses in bringing new products to market. His commercial drafting work has been used by companies that have served millions of Canadians. Beginning with his role in Ethereum as legal counsel back in 2014, and continuing today with some of the largest players in the cryptocurrency industry, Addison is a highly sought after lawyer who combines business, technical, and legal knowledge to reduce risk, grow businesses, and ensure long-term competitiveness.
Ryan has been active in online payments for 18 years with the majority of that time spent in an investigative/risk management role.He has been a customer service representative and has managed entire call centers with employees in customer services/fraud/collections/investigations roles to name a few.He is very familiar with online commerce specifically in the high-risk environment. with extensive experience in high-risk merchant account provision, placement, and sales as well.
Henry has a decade of leadership experience in tech, including serving as Chief Marketing Officer at Summit Maker, REsimpli, and now Matador. Henry is also the owner of Cactus Marketing, a digital marketing agency that specializes in helping tech startups reach their first $1 million (USD) annual recurring revenue goal.
Deven is an experienced operations executive and investor. He spent several years as a technology-focused investor at Goldman Sachs and Highland Capital Partners where he invested over $200mm in technology growth and venture deals as a private equity investor. Deven has acquired and helped scale over 20 successful companies as a co-founder of Wired Investors (a tech-focused buyout fund), Snowball Industries (a home-services focused holding company) and Acquira (an incubator focused on business acquisitions). He’s also an active digital asset investor and helped launch Tokens.com as its founding COO and CIO.
Donato serves as co-founder of Hillcrest Merchant Partners, and has significant experience in M&A, hostile defense and fairness opinions. He has an extensive background in the financial services industry spanning approximately 20 years, including five years at Dundee Capital Markets, first as Director of Institutional Sales, then as Co-Head of Investment Banking.
Donato was an advisor in the merger of the four public companies in what was the restart of Osisko Mining. An early mover into the Cannabis industry, Donato took Bedrocan Canada public (the second LP to go public in Canada). Donato has advised on the first two major transactions in the Cannabis space, most recently advising Canopy Growth Corp. on the $430MM acquisition of Mettrum and prior to that, advising Bedrocan on the sale to Tweed resulting in the creation of Canopy Growth and “the house of brands” strategy.
Andrew is a co-founder of Tokens.com, the primary Canadian blockchain technology resource, providing investors with secure ways to invest in cryptocurrencies ranging from decentralized finance (DeFi) to non-fungible tokens (NFTs). Andrew has a diverse background, having worked in investment banking for over 20 years with a special concentration in technology and real estate. His experience also includes successful executive leadership experience within entrepreneurial, corporate governance, and capital markets.
President, CEO and Director of Manitou Gold Inc., a TSXV listed gold explorer. Mr. Murphy has 25 years of experience as a Senior Geologist, President and CEO of a number of TSX and TSX-V listed companies.
He has successfully completed multiple IPOs, financings, acquisitions and divestitures with these companies.
Dave Forestell serves as Vice President, Stakeholder Relations (Canada) for TC Energy. Previously, Dave served as Vice President, International Corporate and Commercial Banking and as Vice President, Office of the President and CEO at Scotiabank. He has held senior positions in government and the private sector. He worked overseas in Chile and Venezuela and speaks fluent Spanish. While in Chile, Dave led corporate affairs and corporate social responsibility for several mining projects and served as Chair of a Joint Venture Board of Directors. Dave is Chair of Board of Directors of iGaming Ontario Board and cross-appointed to the Board of Directors of the Alcohol and Gaming Commission of Ontario. He is currently serving on the Board of Governors for the Ontario College of Art and Design University. Mr. Forestell obtained his B.A. and LLB from Western University.
As the President of FansUnite, Darius has ushered in a new era for the sports and entertainment company. The FansUnite technology platform is already a global leader in gaming, currently providing a broad range of betting technology solutions for regulated sports, esports, and casinos globally. Beyond FansUnite, Darius’ work as CEO of Block X Capital (now Brand X Lifestyle) stands out as an example of his leadership and technical expertise. Before its merger with CBIO Brand Development, Block X Capital was a primary investor in many early to mid-stage blockchain and emerging technology companies.