SALT LAKE CITY — Ensign Peak Advisors, the multibillion-dollar investment arm of The Church of Jesus Christ of Latter-day Saints, has quietly launched EnsignCoin, a proprietary cryptocurrency “rooted in eternal principles and backed by consecrated capital.”
According to sources familiar with the project, EnsignCoin is designed to streamline internal transactions, digitize fast offerings, and eventually “prepare the Saints for a millennial economy.” The token will be stabilized through a complex formula involving cattle futures, the Home Storage Center peanut butter index, and conference talk keyword frequency.
Leaked documentation suggests future features may include Temple Recommend NFTs, smart tithing contracts, and eternal staking rewards “available only to holders with unshaken faith and a clean interview record.”
While Church leadership hasn’t issued an official statement, insiders say EnsignCoin is already being referred to as “The Only Coin You Can Take With You”, pending doctrinal clarification.
The pilot program will roll out in select stakes where members are considered “financially and spiritually prepared,” namely Alpine, Holladay, and possibly Gilbert.
Leave a Reply