News

Hosted on MSN1y
Salt was once as valuable as gold and used as currency. Here's how the two commodities diverged.
An ounce of salt could once be traded for an ounce of gold. Now, the idea is laughable, with the cost of gold reaching over $2,000 per ounce while 26 ounces of salt is valued at just $1.
KTVZ1y
When salt was gold: The evolution of two commodities
Photo illustration with images of salt and gold and a Petrus Christ’s painting “A Goldsmith in His Shop”. An ounce of salt could once be traded for an ounce of gold. Now, the idea is ...
Business Wire5y
SALT Adds Newly Released PAX Gold as Collateral Option in First Regulated Gold-backed Blockchain Asset
DENVER--(BUSINESS WIRE)--SALT, the pioneer of crypto-backed lending, today announced that beginning October 1, 2019, it will offer the just released PAX Gold (PAXG) as a collateral type for ...