DOVER, DELAWARE & LONDON, UK- 31 OCTOBER 2026 -- Public attention to EIG Global Trust (EIGGT) and the EIG Bank Coin & CBDC project has brought questions about its status and operating model. We see these questions as an opportunity to make information about the project clearer, more accessible and verifiable.
First, we confirm that EIGGT is an independent private initiative and is not affiliated with the U.S. Federal Reserve System or the Federal Reserve Bank of New York. The Federal Reserve does not issue or guarantee EIGGT’s digital assets and does not sponsor the project. We do not claim Federal Reserve registration or auditing of EIGGT products, custody by the Federal Reserve of our gold backing, or its verification of the corresponding reserves.
If previous wording could have been understood differently, this statement clarifies the position. We ask that this clarification be taken into account when using and circulating materials about the project.
Our strategic focus is on digital financial solutions applying DeFi principles. References to CBDC concern potential technological solutions and do not, by themselves, mean that EIGGT issues sovereign digital currency or has authority to act on behalf of a central bank.
We invite an assessment of EIGGT based on documented characteristics of the project itself: its governance structure, rights to backing assets, custody arrangements, findings of reviews and obligations to participants. Software security reviews and verification of reserves address different matters; information about them should be presented separately and accurately.
We consider consistent clarification of public materials, responsible disclosure and compliance with applicable requirements essential. The project’s independence entails accountability for its own statements and decisions.
We respect the right of market participants to ask questions and conduct independent assessments. Our approach is to provide substantive answers, rely on documentation and maintain constructive professional dialogue. Trust in digital finance is built through clear information and the ability to verify the facts presented.
About EIG Global Trust: EIG Global Trust was established in July 2023 as a Delaware Statutory Trust, File # 7558673. Our leadership team is comprised of seasoned experts who have collective 200+ years of vast experience across international banking, financial instruments and trading, digital security, audit oversight, and regulatory enforcement. This unparalleled expertise in every region globally underpins our commitment to provide trusted turn-key digital solutions through our gold-backed stablecoins and project management expertise to meet the rigorous standards required by central banks, commercial banks, and other financial institutions worldwide.
We have established a wealth management money maker and favorable project financing business model backed by real-world assets for banking industry utilizing our collateral digital assets catapulting EIG Global Trust to the forefront of hard asset digital currency. Our regulatory sector relationships and audit first mission are the legal and compliance foundation to help partners with the much needed digital collateral to establish digital backed banking instruments, credit lines for project financing, balance sheet stabilization, and even CBDCs to increase their overall GDP, revenue streams, and efficiencies associated with blockchain based digital assets.
https://eigglobaltrust.com/
Contact
Christopher Paget
info@eigglobaltrust.com