What is DGLD?
DGLD is a gold stablecoin 1:1 backed by 1oz of LBMA Good delivery gold, produced and stored in audited and insured vaults in Switzerland refinery and vault.
DGLD is secured on open blockchain using ERC-20 standard (Ethereum, but we can deploy natively on any EVM), and has 0 fees associated (no custody or transfer fee). DGLD is not a security, and FINMA, (Switzerland’s financial regulator) has approved it as a payment token.
Who are behind DGLD?
Gold Token SA (GTSA) is the hard asset tokenization company behind DGLD. GTSA is a joint venture between CoinShares Group, Europe’s largest digital asset manager, and MKS PAMP Group, one of the largest privately owned previous metals group headquartered out of Geneva, Switzerland.