Despite the IMF’s warnings, the Reserve Bank of Zimbabwe has sold $39M (14B Zimbabwean dollars) worth of gold-backed tokens. The Reserve Bank of Zimbabwe had received 135 applications to buy the gold-backed cryptocurrency for a total of 14.07B Zimbabwean dollars. The tokens, which were introduced in April, are backed by 139.57 kilograms of gold. The sale took place on May 8–12.
