Finvasia has acquired a stake in Genius Digital Partners, the developer behind UGold, a tokenized gold asset backed by 99.99% pure physical gold. UGold's market capitalization has surged to $11.5 billion, nearly doubling from $6 billion over the past two and a half years, with daily trading volumes exceeding $100 million. Finvasia plans to integrate UGold across its licenses and distribute the token through its network in Europe, the UAE, South Africa, the UK, and Australia. Tajinder Singh Virk, Co-Founder and CEO of Finvasia, emphasized the real-world utility of UGold, stating, "This milestone isn’t just about market cap; it’s about building a product with real-world use that has stood the test of time."