Influenced a lot by Bitcoin, Agora Commodities is rebranding them to Crypto Bullion Group. In a press release the company says, “In order to adequately account for their prominence in the Bitcoin community and with full philosophical dedication to the sound monetary principles embodied within crypto-currency, Agora Commodities will be launching a new website by the end of 2014 using Crypto Bullion Group as their trade name.”
Obviously, as Agora Commodities is the first full service bullion dealer accepting the new revolutionary currency Bitcoin as payment for precious metals, looking for rebranding as it wishes to carve a niche for itself. Starting off at the end of 2012 Joseph Castillo, CEO and founder of Agora Commodities, had one vision for his new company; create the world’s first full service Bitcoin bullion dealer.
According to Joseph Castillo Agora Commodities is rebranding themselves to Crypto Bullion Group because Bitcoin has come so far since its inception and it’s only going to continue changing the way we understand money. He further added that Crypto Bullion Group reflects this commitment to their philosophy of peace through sound monetary policy of which Bitcoin, gold, and silver are marvelous representatives.
The Need for Rebranding
The company says that though they were not the first company to consider payments in Bitcoin good for delivery of gold and silver, they were the first bullion dealer to bring all the traditional aspects of the bullion trade found amongst traditional precious metals dealers. Nonetheless, they were and are currently the only bullion dealer to deal in both sides of the bullion trade by paying out precious metals sellers in Bitcoin or US dollars.
Thus, much like crypto-currency, currently revolutionizing the monetary world, Agora Commodities also entered into a partnership with DigitalTangible. The two companies agreed to launch the world’s first physical bullion Bitcoin trading platform. However, the company soon felt the need for rebranding.
In the press release the source from Agora Commodities says that it is rebranding to Crypto Bullion Group because it feels that Bitcoin has come so far since its inception and it’s only going to continue changing the way we understand money and Crypto Bullion Group reflects this commitment to the philosophy that Bitcoin stands for.
Nonetheless, as Crypto Bullion Group continues its commitment to the Bitcoin Community to be its premier bullion dealer in the coming crypto-currency age, the entire effort of rebranding itself will help the digital currency expand further.
To contact the reporter of this story: Deepak Tiwari at deepak@forexminute.com
