CryptoNewsBreaks – IEG Holdings Corp. (IEGH) Aims to Create Exclusive Gold Metal-backed Cryptocurrency
Consumer loan provider IEG Holdings (OTCQB: IEGH) intends to create its own gold metal-backed cryptocurrency for consumer loans and consumer loan repayments. A recent article discussing the company’s anticipated endeavor reads: “On January 10, 2018, consumer loan provider IEG Holdings Corp. (OTCQB: IEGH) announced that its wholly owned subsidiary, Investment Evolution Crypto, LLC, is negotiating to purchase a gold project with prospecting licenses and known gold resources. The corporation plans to use a gold resource for the creation of its own gold metal-backed cryptocurrency, with a view to offering loans and accepting loan repayments through blockchain technology. Investment Evolution Crypto…