Market Overview

Tradewind Closes $10.6M Strategic Placement


New Investors Include Agnico Eagle, IAMGOLD and Wheaton Precious

Tradewind™, a financial technology company, announced the closing of a
$10.6 million strategic placement today. Led by investments from Agnico
Precious Metals (NYSE:WPM), the fundraising round also included
existing investors Goldcorp (TSX:G, NYSE:GG) and Sprott (TSX:SII),
and new investor Sapphire Ventures.

Officially launched on March 23rd, 2018, the Tradewind platform
integrates world-class exchange technology with the tailored blockchain
application VaultChain™ to facilitate the trading, settlement and
ownership of physical gold. The revolutionary platform securely
digitizes vaulted precious metals for the first time, removing
structural and frictional limitations from the physical gold market.

"This strategic placement, led by producers, reflects the rapidly
evolving landscape for trading precious metals and demonstrates growing
support for the Tradewind platform as the leading solution for the
industry," said Fraser Buchan, co-founder of Tradewind. "We're excited
to work with our shareholders and partners to continue driving
innovation and positive change."

The new capital will fund the expansion of the Tradewind platform and
distribution network for VaultChain Gold™ into international markets
including Europe and Asia, while also extending platform functionality
to support new initiatives and applications such as provenance and
supply chain management.

Tradewind has raised a total $22.8 million in capital since inception.
The Company's existing investors also include IEX Ventures.

About Tradewind

Tradewind has built a technology platform for digitizing the trading,
settlement, and ownership of precious metals. The Tradewind solution
combines world-class exchange technology with Vaultchain™, Tradewind's
blockchain technology tailored for precious metals. Tradewind was formed
in 2016 and is managed by a team of professionals with extensive
experience in electronic trading, market structure, gold investment
management, market operations, cryptography and blockchain technology.
For more information please visit

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