Launch of New Physical Bullion - Crypto Two Way Exchange Product

18 July 2024

Australian precious metals dealer, Adams Bullion, and crypto asset broker, Stormrake, have today announced the formation of a strategic partnership via a memorandum of understanding and the launch of a product facility that facilitates two-way conversion of physical bullion and crypto assets.

A succe\ssful trial of this facility took place over June 2024 with promising results. They have now launched the product for all investors from July 2024.

Over the coming months, Adams Bullion and Stormrake will work on making this faclity completely seamless and easy to use for clients. By the end of 2024 this product is expected to be used by thousands of AustralianAdams Bullion’s Managing Director, John Adams, is excited about the potential benefits that can be delivered to Australian investors through the strategic partnership with Stormrake.

“We live in an environment where millions of Australians have a significant distrust of the Government and our major institutions including big business and the mainstream media.

“Many investors are seeking assets that give them both financial and political independence from the control of establishment institutions.

“Physical precious metals and crypto currencies represent asset classes that can shield Australians from the tyranny that we have witnessed over the past few years.

“Over the past decade there has been exponential growth in the demand of both physical bullion and crypto assets. As this growth continues into the future, we anticipate that Australian investors will be seeking easy and efficient ways to transfer between the two asset classes.

“Adams Bullion and Stormrake believe that in partnership we can be at the forefront of meeting this investor need,” said Mr Adams.

Stormrake’s Co-Founder, Michael Milmeister, also welcomed the formation of the strategic partnership with Adams Bullion.

"The future of finance in Australia is here. This unique product provides more freedom and opportunity for Australian clients. We are breaking new ground to help investors move seamlessly between Bitcoin and Precious Metals and Vice Versa.

“In Stormrake, you have experts in cryptocurrency which many Australians trust every day. In partnering with Adams Bullion we bring bullion expertise to our valued investors. Creating this product gives investors far reaching power across markets,” said Mr Milmeister.

Both Adams Bullion and Stormrake are now in the process of rolling out the facility to its customer base.

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