THE SNG GLOBAL DOLLAR VIRTUAL CURRENCY FINANCIAL SYSTEM MARKET CAPITALIZATION SUSPASSES ONE TRILLION DOLLAR

By International Business News Network (IBNN), media division of the G500 Private Investment Group – June 7th, 2019 

The market capitalization of the SNG Global Dollar Virtual Currency Financial System (sngglobaldollar.blogspot.com) is a staggering 1.05 trillion USD following the successful auction this morning in Frankfurt, Germany. 

As expected, the auction was significantly oversubscribed by corporate investors. 

The SNG Global Dollar Virtual Currency Financial System is the global banking and payment system of the G500 Private Investment Group (G500). 

The G500 Private Investment Group was established in 1994 as the Paulsmeier Inc Group by the South African billionaire and philanthropist Mark Paulsmeier. Mark provided strategic leadership to the organization until August 31, 2015 when he resigned as Chairman of the Group and President of the group’s philanthropic division Global Association of Billionaires and Millionaires (GABM). 

The Group changed its corporate brand from the Paulsmeier Inc Group to the G500 Private Investment Group during January 2019 when Mark sold his interest in the Group for $2.5 billion, following the approval of the South African Reserve Bank. 

The G500 is already the largest unlisted private investment group in the world, and the successful Frankfurt auction has ensured the SNG Global Dollar Virtual Currency Financial System is the largest financial institution in the world. 

The SNG Global Dollar Virtual Currency Financial System is a non-public institution, which operates completely independent from the formal banking system and regulation from central banks.