Company Information

Get to know Augmint

Augmint AG was a financial technology company founded in 2017 and headquartered in Zurich, Switzerland. The company's primary mission was to create and manage a stable, non-speculative cryptocurrency, the AEUR stablecoin, which was pegged 1:1 to the Euro. The token was designed to be fully backed by collateral held in Swiss banks and subject to regular audits to ensure trust and stability for use in everyday transactions. Despite its initial goals, the project ultimately failed to sustain operations, leading to the company's bankruptcy and subsequent closure in early 2021.

Industry

Crypto CryptocurrencyPRIMARY
Financial Electronic Payment
Financial Other Service

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Augmint

United Kingdom

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

Security Information :

BVI FSC

Security Information

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.