Digital Gold Platform Launched by Council

World Gold Council Introduces “Gold as a Service” for Digital Gold Market

• The World Gold Council (WGC) has proposed “Gold as a Service,” aimed at connecting physical gold custody with digital issuance and management.
• This initiative seeks to simplify the launch of gold-backed products by providing a shared infrastructure, reducing complexity and ensuring trust.
• The model operates through three layers: physical gold management, digital issuance, and synchronization between physical and digital records.
• The WGC highlights that fragmented systems hinder the digital gold market, which is valued at over $30 trillion globally but lacks standardization.
• Tokenized gold has grown significantly, with a market capitalization of approximately $5.5 billion by March 2026, dominated by Tether Gold (XAUT) and Paxos Gold (PAXG).

The World Gold Council’s “Gold as a Service” aims to address fragmentation in the digital gold market by offering an integrated platform for launching trusted gold-backed products. The tokenized gold market continues to expand, with major players like Tether Gold and Paxos Gold leading the sector.