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World Gold Council plans to build shared infrastructure platform for digital gold

Crypto Briefing
The World Gold Council proposes 'Gold as a Service,' a platform to streamline the creation and management of digital gold products.

Summary

The World Gold Council (WGC) is planning to launch “Gold as a Service,” a shared infrastructure platform designed to connect physical gold custody with digital issuance and management. This initiative aims to simplify the process for companies looking to offer gold-backed products by providing a trusted, ready-made system, reducing complexity and costs. The platform will operate through three layers: physical gold management, digital product management, and a synchronization layer. The WGC believes that the current digital gold market is fragmented and lacks standardization, hindering its growth and scalability. The goal is to transform gold into a seamless, fungible asset class integrated within modern financial systems, making it more accessible and easily traded. WGC CEO David Tait emphasized the need for gold to evolve with the digital transformation of financial services, and the Council is seeking contributions from industry participants to develop the platform. The tokenized gold market has already reached a capitalization of approximately $5.5 billion as of March 2026.

(Source:Crypto Briefing)