# VNX

> Tokenized real-world assets from a company licensed by the Liechtenstein Financial Market Authority under Blockchain Act

VNX generates fiat-referenced tokens and gold-backed tokens regulated under Liechtenstein's Blockchain Act for users seeking stable digital assets.

VNX operates as a regulated tokenization platform generating fiat-referenced tokens for Euro, Swiss Franc, and British Pound, alongside gold-backed tokens representing physical gold ownership. Registered with Liechtenstein's Financial Market Authority under the Blockchain Act, VNX issues multichain tokens deployed across Ethereum, Solana, Stellar, and other networks. Users access these tokens through the VNX platform for cross-border payments, DeFi applications, and on-chain foreign exchange trading with transparent reserve backing.

- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2018-10-01
- Profile: https://thegrid.id/profiles/vnx

## Products

- [VNX](https://thegrid.id/profiles/vnx): VNX facilitates token generation, exchange services, and custody for fiat-referenced tokens and gold-backed assets through a regulated digital infrastructure supporting multichain deployments and KYC compliance. (Stablecoin Issuer, Live, Main Product)

## Assets

- [VNX Euro (VEUR)](https://thegrid.id/profiles/vnx): VEUR is a Euro-pegged stablecoin issued by VNX Commodities AG under Liechtenstein's Blockchain Act. It is used for cross-border payments, trading, and as collateral in DeFi applications across multiple blockchains. Unlike traditional fiat-backed stablecoins, VEUR is backed by reserves primarily composed of VNX Gold, a tokenized gold asset where holders own the underlying physical gold stored in Liechtenstein vaults. (Stablecoin)
- [VNX Swiss Franc (VCHF)](https://thegrid.id/profiles/vnx): VCHF is a Swiss Franc-pegged stablecoin issued by VNX Commodities AG under Liechtenstein's Blockchain Act. It is used for cross-border payments, hedging against crypto volatility, and as collateral in DeFi applications across multiple blockchains. The token is fully backed 1:1 by reserves held in banks in Switzerland and Liechtenstein, with registration and licensing requirements enforced by Liechtenstein's Financial Market Authority to ensure regulatory compliance and user protection. (Stablecoin)
- [VNX British Pound (VGBP)](https://thegrid.id/profiles/vnx): VGBP is a GBP-pegged stablecoin issued by VNX Commodities AG. It is used for cross-border payments, DeFi applications, and on-chain foreign exchange trading across multiple blockchains. Each token is backed 1:1 by GBP reserves held in banks in Switzerland and Liechtenstein, with reserves primarily composed of VNX Gold to ensure holders maintain stable value while benefiting from the underlying gold collateralization model. (Stablecoin)
- [VNX Gold (VNXAU)](https://thegrid.id/profiles/vnx): VNXAU is a gold-backed token issued by VNX Commodities, representing one gram of LBMA-certified physical gold. It is used for payments, DeFi collateral, and as a digital store of value across multiple blockchains. Verified holders gain direct legal ownership rights to specific gold bars stored in Liechtenstein vaults, allowing them to redeem tokens for physical delivery when holding sufficient quantities. (Stablecoin)

## Links

- [Documentation](https://vnx.gitbook.io/vnx-platform)
- [Main](https://vnx.li)
- [Blog](https://vnx.li/blog)
- [Terms of Service](https://vnx-terms.s3.amazonaws.com/VNX-FRT-Terms.pdf)
- [Privacy policy](https://www.iubenda.com/privacy-policy/28209609)
- [Twitter / X](https://x.com/vnx_platform)
- [LinkedIn](https://linkedin.com/company/vnx-io)
- [Telegram](https://t.me/vnx_li)
- [Medium](https://medium.com/@vnx)

## Legal

This data is provided under two licensing models.

Model 1 - open data. The open data core is licensed under the Open Database License (ODbL) — a copyleft/share-alike license allowing free use, modification, and sharing for any purpose. Attribution is required: include "Powered by The Grid" linking to https://thegrid.id wherever the data is used. Derivative databases must be shared under ODbL terms. Trademarks, logos, and brand names (marked "Special TPIP") are not covered by the ODbL. For ML/AI use: training datasets that substantially extract ODbL data are Derivative Databases and must be shared under ODbL if publicly used; models must be attributed in documentation.

Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
- a project's presence in The Grid's data does not imply endorsement.


- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP