We are pleased to announce that we have reached a tentative agreement with a physical gold exchange provider to facilitate pmUSD redemptions.
Subject to finalization, this arrangement is expected to enable redemptions commencing during the first week of July. In parallel, our team is actively working to accelerate the implementation timeline, with the objective of making redemption functionality available within the next 30 days.
At this stage, the identity of the counterparty will remain confidential pending the execution of definitive binding agreements and completion of all required legal, regulatory, compliance, and onboarding procedures.
Further details will be disclosed once the relevant arrangements have been formally finalized and all applicable requirements have been satisfied.
RAAC Team.