Monetary Metals Partners with AgaOne to Distribute Gold Yield Products in Turkey
In a significant move for the financial sector, Monetary Metals has entered into a strategic agreement with AgaOne, a prominent company in Turkey's gold trading and logistics industry. This collaboration aims to distribute gold yield products through the Monetary Metals Gold Yield Marketplace®, marking an exciting development for investors in Turkey. With Turkey ranking as one of the largest consumers of gold globally, this partnership is poised to tap into a vast potential market, enabling local customers to gain greater access to gold yield opportunities.
The Memorandum of Understanding (MoU) signed between the two parties will see AgaOne utilize its expertise and infrastructure in the Turkish gold market to facilitate the selling and distribution of gold investment products. This alliance combines AgaOne's rich understanding of the local landscape with Monetary Metals' leading-edge platform and fixed income offerings, allowing customers to earn a monthly yield on their gold holdings.
Monetary Metals' CEO, Keith Weiner, expressed enthusiasm about the new venture, highlighting its importance in a market as substantial as Turkey, where gold comprises about 15-20% of the average household's savings. With Turkish households estimated to hold around 5,000 tons of gold, the implications for yield earning are significant. This partnership not only opens doors for Turkish investors but also enhances the liquidity and international exposure of Monetary Metals’ product offerings.
AgaOne's CEO, Gokhan Yilmaz, remarked on the rapid growth of their trading and logistics capabilities. He stressed that integrating a yield-generating component into gold ownership will likely alter the investment landscape in Turkey, making the yield-bearing gold a more attractive option for investors. The two companies are now focused on merging their systems and expect to launch gold yield products in the Turkish market by the second quarter of 2026.
The developments underscore the growing trend of gold investment as both a secure store of value and as a yield-generating asset, particularly in countries with a rich history of gold consumption. Monetary Metals aims to empower investors by providing innovative solutions that unlock the productive potential of gold.
Since 2016, Monetary Metals has been paving the way for individuals and institutions to earn interest on their gold and silver through its Gold Yield Marketplace®. By partnering with AgaOne, they are undoubtedly setting a new standard for gold investments in Turkey, aligning perfectly with the country's thriving demand for gold.
Monetary Metals is at the forefront of creating opportunities where gold can serve as more than just a safe haven asset. Their mission is to unlock the productivity of gold by offering a yield on gold that is paid in gold, thus allowing investors to benefit not only from the appreciation of gold prices but also from consistent yield payments. Their innovative platform has transformed how gold is perceived and utilized in the investment sector.
AgaOne is a leading bespoke trading company based out of Turkey that specializes in precious metals. It serves as the flagship brand of DD Holding A.S., which encompasses various facets of the precious metals industry, including trading, e-commerce, and mining. With a robust trading platform designed to navigate the complexities of the gold market, AgaOne provides invaluable services including gold reserve management for governmental and institutional clients.
The Memorandum of Understanding (MoU) signed between the two parties will see AgaOne utilize its expertise and infrastructure in the Turkish gold market to facilitate the selling and distribution of gold investment products. This alliance combines AgaOne's rich understanding of the local landscape with Monetary Metals' leading-edge platform and fixed income offerings, allowing customers to earn a monthly yield on their gold holdings.
Monetary Metals' CEO, Keith Weiner, expressed enthusiasm about the new venture, highlighting its importance in a market as substantial as Turkey, where gold comprises about 15-20% of the average household's savings. With Turkish households estimated to hold around 5,000 tons of gold, the implications for yield earning are significant. This partnership not only opens doors for Turkish investors but also enhances the liquidity and international exposure of Monetary Metals’ product offerings.
AgaOne's CEO, Gokhan Yilmaz, remarked on the rapid growth of their trading and logistics capabilities. He stressed that integrating a yield-generating component into gold ownership will likely alter the investment landscape in Turkey, making the yield-bearing gold a more attractive option for investors. The two companies are now focused on merging their systems and expect to launch gold yield products in the Turkish market by the second quarter of 2026.
The developments underscore the growing trend of gold investment as both a secure store of value and as a yield-generating asset, particularly in countries with a rich history of gold consumption. Monetary Metals aims to empower investors by providing innovative solutions that unlock the productive potential of gold.
Since 2016, Monetary Metals has been paving the way for individuals and institutions to earn interest on their gold and silver through its Gold Yield Marketplace®. By partnering with AgaOne, they are undoubtedly setting a new standard for gold investments in Turkey, aligning perfectly with the country's thriving demand for gold.
About Monetary Metals
Monetary Metals is at the forefront of creating opportunities where gold can serve as more than just a safe haven asset. Their mission is to unlock the productivity of gold by offering a yield on gold that is paid in gold, thus allowing investors to benefit not only from the appreciation of gold prices but also from consistent yield payments. Their innovative platform has transformed how gold is perceived and utilized in the investment sector.
About AgaOne
AgaOne is a leading bespoke trading company based out of Turkey that specializes in precious metals. It serves as the flagship brand of DD Holding A.S., which encompasses various facets of the precious metals industry, including trading, e-commerce, and mining. With a robust trading platform designed to navigate the complexities of the gold market, AgaOne provides invaluable services including gold reserve management for governmental and institutional clients.
Topics Financial Services & Investing）
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