DGLD

DGLD is a digital proof of ownership of allocated gold which is physically held in a vault in Switzerland. The DGLD network leverages the power of the bitcoin network for security. As a result, DGLD is the most independent way to digitally hold gold.

DGLD is best understood as a digital proof of ownership of allocated gold. It provides the convenience of a gold ETF with the independence of physical gold ownership and the 24/7 nature of digital assets.

Before a new token is created, LBMA gold is allocated, placed in a Swiss vault, and DGLD representing that specific gold is created and sent to a DGLD wallet.