Tally Central launches marketing campaign for gold-based money system

Published 02/07/2025, 12:00
Tally Central launches marketing campaign for gold-based money system

LONDON - Tally Central Ltd (TAL:JPJ), the company behind a gold-based monetary system, has launched a new marketing campaign on July 1 to promote its TallyMoney platform, according to a quarterly update released Wednesday.

The company’s system enables customers to hold savings in physical gold while using it for everyday transactions through a debit Mastercard (NYSE:MA). Each unit of the company’s currency, called tally, represents one milligram of physical gold stored in Swiss vaults.

The new marketing campaign targets what the company describes as "establishment challengers" who are frustrated with traditional banking systems. The campaign uses the phrase "Up yours!" to highlight issues like inflation and low savings returns while promoting financial alternatives.

Tally Central began trading on the JP Jenkins platform in London on February 1 this year. According to the company, its shares have been the second most traded stock by value and the most traded by number of shares on the platform since that date.

The company reported that the value of its currency has increased over time, with one tally now worth 7.84 pence compared to 7.76 pence in April 2025 and 7.24 pence in January 2025.

In the quarterly update, Tally Central stated it aims to achieve operating profitability by the end of December 2026. The company said it is currently focusing resources on growing its core business, increasing customer acquisition, and promoting its products.

Tally Central claims to be the first company to offer individual International Bank Account Numbers (IBANs) for accessing a currency not issued by a government. The information was provided in a company press release.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.