Monetary Metals is a Scottsdale, AZ-based gold company that offers a yield on gold paid in gold and provides gold financing to mints, miners, refiners, jewelers and other gold-using businesses. Its core product is the Gold Yield Marketplace, a platform that connects investors and producers so participants can save, earn, and finance production in gold. The company also produces market analysis and proprietary charts, including a gold forward rate, used by gold investors and gold-using businesses globally. The company raised over $5M in equity in the reported round, bringing total capital raised to $14M. Monetary Metals intends to use the funds to expand operations and advance its development efforts. Monetary Metals is a Scottsdale, Ariz.–based gold company that operates a marketplace where savers earn interest on their gold and businesses obtain gold financing. Led by CEO Keith Weiner, the company provides market analysis and proprietary charts, including the gold forward rate, that are followed by gold investors and gold-using businesses. Its content is widely syndicated on gold, alternative investing, and mainstream sites. The company closed its second equity capital round, bringing total capital raised to $1.5M. Backers included individual high‑net‑worth investors globally. Monetary Metals says it will use the proceeds to continue to hit its milestones. Monetary Metals is a Scottsdale, AZ–based gold investment firm led by founder and CEO Keith Weiner. Its core product is the Gold Exponential Fund, a managed private fund that seeks to compound investors’ physical gold while vaulting it outside the banking system to avoid counterparty risk. The company also offers a fixed-income gold product and is developing additional investment vehicles. It plans to use the recent proceeds to accelerate its gold fixed-income product, fund marketing including the launch of an important gold market indicator, build intellectual property, and for general corporate purposes. The firm raised over $506K in equity financing at a $3M pre-money valuation. Backers for the round were not disclosed.

Total raised

$6M

Funding rounds

3

Latest round

Equity

Latest activity

Jul 2024