World Gold Council Proposes “Gold as a Service” Framework Impacting Tokenized Gold Market

TheNewsCryptoPublished on 2026-03-20Last updated on 2026-03-20

Abstract

The World Gold Council has introduced a "Gold as a Service" framework aimed at modernizing the global tokenized gold infrastructure. This system connects physical gold custody with digital issuance, enabling more efficient creation of gold-backed products. It is structured around three core components: physical custody, digital issuance, and synchronization systems that link assets to blockchain records. The framework is expected to impact major market players like Tether Gold (XAUT) and Paxos Gold (PAXG), which currently dominate the tokenized gold sector but operate on fragmented systems. By introducing standardized processes for custody, compliance, and redemption, the initiative seeks to unify the market, improve regulatory alignment, and reduce operational costs. This development is seen as a significant step in merging traditional gold markets with blockchain technology, potentially driving greater adoption among institutional investors and fintech companies. The Council emphasized that the framework is designed to foster future growth rather than target existing issuers.

The World Gold Council created a “Gold as a Service” framework to help modernize tokenized gold infrastructure worldwide. It does this by connecting physical gold custody and digital issuance systems, allowing companies to issue gold-backed products more efficiently. It is built on three levels of physical custody, digital issuance, and synchronization systems that connect assets and blockchain records.

Source: World Gold Council

The World Gold Council CEO, David Tait, said, “Financial services are undergoing a rapid and pervasive digital transformation.” He further added that shared infrastructure would help in improving accessibility, tradability, and integration of gold in modern financial systems worldwide.

Impact on Tether Gold and Paxos Gold Market Leaders

Currently, Tether Gold (XAUT) and Paxos Gold (PAXG) currently dominate the overall tokenized gold market. Also, they collectively command a large market share in the overall market worldwide. Both of these operate on different systems for custody, audit, and redemption, and this is causing fragmentation in the overall digital gold market worldwide.

The new framework also outlines a set of standardized processes that include custody coordination, compliance checks, and redemption systems that are to be followed on all platforms globally. Such a framework would ensure that all platforms are aligned in terms of regulatory compliance. It has been noted that such a platform can enable hundreds of new issuances to happen in a more efficient manner.

The Potential and Development Mark

The platform can potentially lead to lower operational costs as well as better integration between tokenized gold assets on various blockchain platforms globally. This can further increase adoption rates among institutional investors as well as fintech companies that are entering the tokenized commodity space. Officials emphasized that the platform focuses on enabling growth. Rather than targeting existing issuers in the space.

The development marks a significant convergence between traditional gold markets and blockchain technology as the adoption of digital assets continues to gain momentum globally. Analysts noted that tokenized gold can act as a major growth driver in traditional gold markets globally.

Highlighted Crypto News:

Ondo Finance Expands Tokenized Securities Offering With BlackRock IBIT and Galaxy Digital

Ethereum down 45% YTD – So why do SharpLink and whales keep buying?

Despite Ethereum (ETH) being down 20-45% year-to-date amid broader crypto weakness, institutional and whale buying activity suggests growing long-term conviction. SharpLink, after an eight-month pause, purchased 5,000 ETH and later added $45.54 million in LSETH, increasing its total holdings significantly despite substantial unrealized losses. Similarly, a new whale wallet accumulated over 18,000 ETH worth $28.9 million in nine days, indicating strategic positioning for future price movements rather than short-term trading. However, this accumulation contrasts with spot Ethereum ETFs, which saw net outflows of $12.85 million recently, highlighting a divergence between direct treasury/whale buyers and ETF investors. While the persistent buying from these large holders may gradually ease selling pressure, a sustained recovery for Ethereum still depends on a reversal in ETF flows and a broader improvement in network demand and market sentiment.

ambcrypto2h ago

Ethereum down 45% YTD – So why do SharpLink and whales keep buying?

ambcrypto2h ago

Just now, DeepSeek V4 updates with DSpark, improving inference speed by 80%

DeepSeek has updated its DeepSeek V4 model with the DSpark speculative decoding framework, achieving a significant 60-85% speedup in generation for Flash models and 57-78% for Pro models while maintaining the same overall throughput. This engineering-focused update, rather than a core architectural change, introduces DSpark to address latency and throughput bottlenecks in high-concurrency production environments. DSpark combines high-throughput parallel generation with adaptive load-aware verification. Its key innovations include a semi-autoregressive generation architecture to model dependencies within token blocks and a hardware-aware confidence-scheduled verification system. This system uses a confidence head to predict token acceptance probabilities, allowing it to dynamically optimize verification length per request and allocate compute only to tokens with the highest expected payoff. The asynchronous scheduler is designed for real-world deployment, ensuring zero-overhead scheduling and continuous CUDA graph replay while preserving the target model's output distribution. In tests across mathematical reasoning, code generation, and daily dialogue, DSpark outperformed state-of-the-art models like Eagle3 and DFlash, increasing average acceptance length by 26.7%-30.9% and 16.3%-18.4% respectively on Qwen3 target models. DeepSeek also open-sourced DeepSpec, a full-stack codebase for training and evaluating speculative decoding draft models, providing a standardized toolkit that includes data preparation tools, model implementations, training code, and evaluation scripts.

marsbit3h ago

Just now, DeepSeek V4 updates with DSpark, improving inference speed by 80%

marsbit3h ago

Can Aavenomics 3.0 sustain AAVE’s recovery rally amid Kraken buyout talks?

Aave Labs CEO Stani Kulechov has dismissed reports of a potential stake sale to Kraken, clarifying that Aave would not sell at a significant discount. He highlighted Aave's substantial annualized revenue and its focus on a broad financial market. Kulechov also announced plans for Aavenomics 3.0, featuring a new automated buyback mechanism. Following these updates, the AAVE token price surged 12%, extending its June recovery rally to over 50% from its recent lows. The rally is partly attributed to reduced selling pressure and positive sentiment from the announced tokenomics plan, despite the token remaining significantly below its all-time high.

ambcrypto4h ago

Can Aavenomics 3.0 sustain AAVE’s recovery rally amid Kraken buyout talks?

ambcrypto4h ago

BIT Research: The 2028 Halving Is Not the End, the Real Shake-Up of the Bitcoin Mining Industry Is Just Beginning

The Bitcoin mining industry is undergoing its most complex structural adjustment since inception. Despite Bitcoin's price holding near $61,000 and the network hash rate approaching a record 1 ZH/s, miner profitability is deteriorating. The industry is operating close to its breakeven point, with the 2028 halving expected to accelerate consolidation. The challenges extend beyond the halving's subsidy reduction; the industry's revenue model has yet to successfully transition towards a fee-driven structure. Increasingly, mining companies are evolving from simple Bitcoin producers into infrastructure and energy operators, including providers of AI/HPC computing power. Competition is shifting from pure hash rate expansion to business model upgrades. Economic pressure is evident. The theoretical daily mining revenue at current prices is around $78 million, yet the actual figure is only about $33 million—a 136% gap. Transaction fees remain low at roughly $220k daily, far below historical implied levels. With a current estimated industry-wide breakeven price near $65,000, mining alone is struggling to generate ideal profits. The 2028 halving is projected to push the fundamental production cost floor to approximately $93,289. This will likely accelerate a shift towards consolidation among larger, well-capitalized miners with diversified revenue streams. Competitive advantage will belong to institutionalized players with access to low-cost energy, AI/HPC hosting operations, and stronger balance sheets. In essence, Bitcoin mining is transitioning from a "mining business" to an "infrastructure business." Future profitability and resilience will depend less on block rewards and more on diversified income sources like energy management and computational infrastructure services. For investors, the key question is not the halving itself, but which miners can successfully navigate this business model transformation.

marsbit5h ago

BIT Research: The 2028 Halving Is Not the End, the Real Shake-Up of the Bitcoin Mining Industry Is Just Beginning

marsbit5h ago

This is How God Karpathy Uses Claude?

Andrej Karpathy, a prominent figure in AI, has reportedly joined Anthropic, leading to a noticeable decrease in his open-source contributions and social media activity. A document claiming to be his personal "CLAUDE.md" file—a set of instructions for the Claude AI to follow within a specific codebase—has been circulating online. While its authenticity is unverified, the content aligns closely with Karpathy's publicly shared principles on effective AI-assisted programming. The document outlines key rules for AI coding assistants, emphasizing the importance of reading existing code thoroughly before writing new code to maintain consistency. It advises against over-engineering, advocating for simple, surgical modifications that match the project's existing style. Other guidelines include clarifying assumptions upfront, writing meaningful tests, thoughtful debugging, and carefully considering dependencies. The core message is that these principles help prevent common AI coding failures, such as introducing unnecessary abstractions, style drift, or making invisible architectural decisions. The community has noted that even experts like Karpathy require detailed instructions to guide AI effectively, akin to managing a junior developer. A related GitHub repository, "andrej-karpathy-skills," which encapsulates these ideas, is reported to significantly reduce Claude's code error rate. Ultimately, the advice stresses that the best CLAUDE.md is tailored to one's own tech stack and coding practices.

marsbit5h ago

marsbit5h ago

Trading

Spot

World Gold Council Proposes “Gold as a Service” Framework Impacting Tokenized Gold Market

Abstract

Impact on Tether Gold and Paxos Gold Market Leaders

The Potential and Development Mark

Related Questions

Related Reads

Ethereum down 45% YTD – So why do SharpLink and whales keep buying?

Just now, DeepSeek V4 updates with DSpark, improving inference speed by 80%

Can Aavenomics 3.0 sustain AAVE’s recovery rally amid Kraken buyout talks?

BIT Research: The 2028 Halving Is Not the End, the Real Shake-Up of the Bitcoin Mining Industry Is Just Beginning

This is How God Karpathy Uses Claude?

Trading