Metra Group, GoldCoin Labs Limited, and Nasdaq-listed ATIF Holdings Limited have marked a new phase in digital gold finance with a formal celebration at the Nasdaq MarketSite in New York. The event followed ATIF's completion of its acquisition of GoldCoin Labs, bringing Metra's gold digital-finance operations onto a publicly traded platform. The transaction closed on September 9, 2026, and the announcement signals a deeper push into tokenized physical gold infrastructure and global trade settlement.
Acquisition Structure and Valuation
ATIF Holdings Limited acquired GoldCoin Labs through an all-share transaction valued at approximately US$20 million. The purchase received unanimous approval from ATIF's board of directors and was supported by an independent fairness opinion. With GoldCoin Labs now wholly owned by ATIF, Metra's gold digital-finance business gains access to a Nasdaq-listed capital markets platform.
Tokenized Gold Infrastructure
GoldCoin Labs is developing the issuance and supporting infrastructure for Metra Gold, which is planned to use the symbol GOLDM. Each token is intended to represent one gram of fine gold that meets London Bullion Market Association Good Delivery standards. The planned model includes token issuance and redemption, third-party custody of underlying gold, reserve verification, and blockchain-based transfer and settlement.
Physical Backing and Reserve Verification
Physical backing is designed to be maintained on a one-to-one basis, with each GOLDM token backed by physical gold. This structure is intended to offer a digital representation that remains anchored to an established store of value. GoldCoin Labs' contemplated business model also places emphasis on transparent reserve verification to support market confidence.
UAE as a Strategic Hub
Metra's broader objective is to examine how Metra Gold can support real financing, trade, and settlement across the gold value chain. The United Arab Emirates is expected to serve as a central hub because of its strong position in gold trading, refining, storage, logistics, and re-export. This regional focus aligns with the group's ambition to connect traditional gold markets with digital financial infrastructure.
Trade and Settlement Applications
Potential applications include trade finance backed by gold inventory or gold in transit, working-capital support through refining and delivery cycles, and cross-border business-to-business settlement. These use cases are central to Metra's goal of linking tokenized gold to real economic activity rather than purely speculative trading. The group views the UAE's position in global gold flows as an advantage for testing and scaling such services.
Leadership Perspective
Shaikh Hamad Radakh said the Nasdaq milestone brings together Metra's gold-industry vision, GoldCoin Labs' digital infrastructure, and ATIF's international capital-markets platform. He added that the UAE provides a unique strategic foundation for Metra Gold and expressed strong confidence in the company's direction. Radakh also noted his commitment to supporting long-term development in gold supply-chain finance and global trade settlement.
ATIF's Strategic Rationale
The acquisition builds on ATIF's exploration of digital-asset business opportunities since June 2025. The board believes the transaction provides exposure to the growing tokenized real-world asset sector and may diversify the company's operations. It is also expected to expand potential revenue sources beyond ATIF's existing business advisory, merger and acquisition planning, and financial consulting services.
The Nasdaq MarketSite celebration marks a new stage for Metra Group, GoldCoin Labs, and ATIF Holdings as they pursue a vision linking gold, digital finance, global trade, and capital markets. While GoldCoin Labs' products and services remain subject to regulatory requirements, custody and reserve arrangements, technology development, and market adoption, the transaction offers a clearer path into tokenized real-world assets. The companies are positioning the UAE at the center of an effort to modernize gold supply-chain finance and cross-border settlement.