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UTribe Announces Silver-Backed Token Launch While Telling the Gold Story at Davos

UTribe Announces Silver-Backed Token Launch While Telling the Gold Story at Davos

DeFi PlanetDeFi Planet2026/01/30 12:30
By:DeFi Planet

Davos, Switzerland — January 2026 —
Ubuntu Tribe announced the launch of its silver-backed token at the World Economic Forum’s 56th Annual Meeting. CEO Mamadou Kwidjim Toure, speaking at the Mindful Leaders panel, positioned the new asset as a natural extension of the gold story he presented on stage.

Toure was invited to join the Unicorn for Good panel at Mindful Leaders House on the Promenade. He made the announcement in front of African and international business and political leaders. Africa House, which Toure co-founded, recorded over 1,000 registered attendees for its programming alongside the WEF.

At Africa House, Toure led the session “Trading in Data: Compute, AI & the Gold Industry of the Future” and joined the “Roadmap to Wakanda” panel, a discussion on how Africa can leap ahead through AI, blockchain, and the IoT.

The launch comes as precious metals reach new highs:

  • Gold: Surpassed the historic $5,000 mark | +72% growth last year
  • Silver: Doubled in value to $100 | +170% increase over the same period

“Central bank gold reserves now surpass USD reserves,” Toure said. “The world is shifting toward commodity-backed stability, and we want to make sure everyday people can participate in that shift.”

Ubuntu Tribe’s gold token, $GIFT (Gold International Fungible Token), represents one milligram of gold backed one-to-one by physical reserves. The new silver token follows the same model. Together, the two assets democratize access to wealth-preserving metals, letting anyone, anywhere invest for less than one dollar.

The dual-token structure serves different investment profiles. Gold offers long-term, stable growth for conservative investors seeking predictable value appreciation. Silver carries higher volatility but offers faster, potentially higher short-term returns, positioned as a performance accelerator within a diversified digital metals portfolio.

Industrial growth in electric vehicles, batteries, solar infrastructure, and other high-growth technology sectors is driving silver demand. Toure pointed to these sectors as key catalysts for the metal’s medium-term price trajectory.

“Africa and Latin America are major exporters of gold and silver, yet historically the least rewarded by the global value chain,” Toure said. “Tokenization restores some of that balance. It lets citizens worldwide invest in these metals at fractional prices.”

Toure was recently featured in the official World Economic Forum January 2026 report published in African Business magazine. In the interview, he made the case that Africa is not poor but illiquid, and that Ubuntu Tribe is building the infrastructure to unlock the continent’s untapped wealth.

“In 2026, we are adding between $1bn and $1.2bn worth of gold into the system to match growing demand,” Toure said. “Our game is not just to make people escape the poverty trap. It’s to create a generation of well-prepared citizens who can navigate the risks and opportunities of democratized investment.”

Since its 2023 launch, $GIFT has crossed $100 million in trading volume. Tens of thousands of customers use the platform, and the wallet has been downloaded over 10,000 times. Ubuntu Tribe is fully regulated in Europe and aligned with MiCA regulations. The company is working toward approvals in Kenya and the Gulf Cooperation Council.

Toure spent two decades in senior finance roles at KPMG, BNP Paribas, the International Finance Corporation, and General Electric before founding Ubuntu Tribe. He was named one of Forbes’s Top 10 Most Influential Men in Africa and is a World Economic Forum Young Global Leader.

About Ubuntu Tribe

Ubuntu Tribe is a Web3 fintech company pioneering the tokenization of real-world assets to expand global financial inclusion. Rooted in the Ubuntu philosophy — “I am because we are” — the company makes access to wealth-preserving assets available to anyone, anywhere.

Ubuntu Tribe’s flagship product, GIFT (Gold International Fungible Token), is a digital certificate 100% backed by physical gold stored in regulated, independently audited vaults worldwide. By leveraging blockchain, AI, and a transparent Track-and-Trace infrastructure, Ubuntu Tribe democratizes gold ownership, enabling individuals and institutions to save, transact, and build wealth starting from as little as 1 milligram.

Beyond consumer access, Ubuntu Tribe delivers tokenization-as-a-service for corporations and governments, supporting the transition to ethical, compliant, asset-backed digital economies. The company champions responsible sourcing through mercury-free gold production and reinvests 10% of GIFT transaction fees into community-driven social impact initiatives.

 

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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