Goobit has signed an agreement with Finnish Kvarn Metals for the gold in its savings platform Futureproof. The agreement formalises the arrangement from September, and Goobit now has agreements for the two asset classes the product needs to launch: bitcoin and gold.
Photo: Gustav Buder is chief executive of Goobit Group and says the agreement with Kvarn Metals is an important step toward the launch of Futureproof.
Goobit Group, which runs the bitcoin exchange BTCX, is developing a new savings platform called Futureproof, where customers will be able to gather bitcoin, gold and interest-bearing assets in one place. The customer chooses a target allocation between the asset classes, and Futureproof flags when the holding moves outside the chosen tolerance band — but it is always the customer who decides whether to rebalance. Goobit has now landed agreements for the two asset classes required to launch the product.
Goobit has signed the agreement with Kvarn Metals Ltd, a Finnish company in the same group as Kvarn Capital Ltd. The agreement formalises the arrangement announced on 14 September 2026, and makes Kvarn Metals the supplier of the gold in Futureproof and the counterparty in all gold transactions.
For their gold holdings, Futureproof customers have a direct customer relationship with Kvarn Metals. The holding is backed by physical gold at a 1:1 ratio, and Kvarn Metals holds title to gold equal at all times to the sum of customers' holdings in custody. Purchases and sales in Futureproof are reflected as changes to each customer's holding. Kvarn Metals provides no investment advice, portfolio management or other regulated services.
Goobit therefore has signed agreements for both asset classes required to launch Futureproof. Bitcoin is supplied by Kvarn Capital Ltd through the agreement announced in September. Gold is now supplied by Kvarn Metals. The interest-bearing component of the product is planned to be added at a later stage, through a separate partner.
Goobit itself develops and runs the platform, and is responsible for product design, brand and customer experience, while each asset class is supplied by a specialised partner.
"Gold has been part of Futureproof from the start, together with bitcoin. With the agreement with Kvarn Metals, both parts are now in place, which is an important step toward the launch of the platform," says Gustav Buder, chief executive of Goobit Group.
The product is built around three fixed target allocations — cautious, balanced and growth — where bitcoin, gold and interest-bearing assets make up different shares depending on the customer's profile. In the balanced allocation, bitcoin and gold each make up 30 percent, while interest-bearing assets account for 40 percent, as Kaupr has previously described in an article on how Futureproof will automatically rebalance bitcoin and gold.
Investments in gold and bitcoin carry risk, and the value can both rise and fall. Because Kvarn Metals is the counterparty for the gold holdings in Futureproof, customers are also exposed to Kvarn Metals' ability to fulfil its obligations.
Kvarn Metals Ltd is a Finnish company that buys, sells and stores precious metals for its customers, headquartered in Helsinki. The services are provided through the Kvarn X platform, operated by sister company Kvarn Capital Ltd.
Kvarn Capital Ltd is a Finnish provider of crypto asset services and a payment institution, and one of the companies behind Kvarn X. The platform gives access to bitcoin and more than 350 other crypto assets, more than 850 traditional investment products, gold and payments, with institutional-level liquidity and trading infrastructure. The regulated services on the Kvarn X platform are passported across the EEA, and the platform serves both its own customers and partners through its APIs and its Crypto-as-a-Service offering.
Sources: Goobit Group
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