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

TheNewsCryptoОпубліковано о 2026-03-20Востаннє оновлено о 2026-03-20

Анотація

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

Пов'язані питання

QWhat is the main purpose of the 'Gold as a Service' framework proposed by the World Gold Council?

AThe main purpose is to modernize tokenized gold infrastructure worldwide by connecting physical gold custody and digital issuance systems, allowing companies to issue gold-backed products more efficiently.

QWhich two products currently dominate the tokenized gold market according to the article?

ATether Gold (XAUT) and Paxos Gold (PAXG) currently dominate the tokenized gold market.

QWhat are the three levels that the 'Gold as a Service' framework is built upon?

AIt is built on three levels: physical custody, digital issuance, and synchronization systems that connect assets and blockchain records.

QWhat benefits does the World Gold Council CEO believe shared infrastructure will bring to gold?

ADavid Tait believes shared infrastructure will help improve accessibility, tradability, and integration of gold in modern financial systems worldwide.

QHow can the new framework potentially impact operational costs and adoption rates?

AThe framework can lead to lower operational costs and better integration, which can further increase adoption rates among institutional investors and fintech companies entering the tokenized commodity space.

Пов'язані матеріали

BTC Market Pulse: Week 20

Bitcoin's price moved higher from the high-$77Ks into the low-$82Ks last week, with buyers absorbing pullbacks. Market indicators show bullish undertones but also signs of potential stabilization. Spot and futures data reveal strong bullish sentiment and increased speculative activity, though declining long-side funding suggests some waning bullish momentum. Options market activity points to neutral-to-bullish expectations but elevated pricing of future risk, indicating uncertainty. On-chain metrics strengthened, with increases in daily active addresses, transfer volume, and fees, signaling a more engaged network and higher activity. Profitability improved as the market moved back into profit, yet levels remain below those typically triggering heavy selling, suggesting optimism is measured. Overall, Bitcoin's market structure shows improvement with stronger on-chain activity and more stable holder positioning. However, softer capital inflows and cautious sentiment indicate the market remains sensitive to shifts in risk appetite.

insights.glassnode5 хв тому

insights.glassnode5 хв тому

IREN's Insanity: Selling Miners, Buying GPUs, Stock Price Up 16%

IREN, a Bitcoin mining company, saw its stock price surge 16% after releasing its quarterly earnings on May 8th. The surge was not driven by Bitcoin's price, but by the company's radical strategic shift away from cryptocurrency mining and towards AI infrastructure. The company reported a $140 million impairment charge after decommissioning and listing for sale 5,800 of its Bitmain S21 Pro mining rigs. It also maintains a policy of selling all mined Bitcoin daily, holding zero crypto assets. Despite this dismantling of its core business, investor sentiment was positive due to IREN's aggressive pivot into AI. This shift is backed by massive, long-term contracts. IREN announced a new 5-year, $3.4 billion collaboration with NVIDIA, which includes an equity investment commitment. This follows a previously secured 5-year, $9.7 billion GPU cloud services agreement with Microsoft. To support these deals, IREN acquired European data center capacity and cloud software capabilities. Management targets 480 megawatts of AI capacity, 150,000 GPUs, and $3.7 billion in annual recurring revenue by late 2026. While other North American miners are exploring hybrid "mining + AI" models, IREN is making a clean break, betting entirely on the booming demand for AI compute power. The move highlights a broader industry trend where the value of mining hardware is declining while GPU-based AI infrastructure is in critically short supply.

marsbit24 хв тому

IREN's Insanity: Selling Miners, Buying GPUs, Stock Price Up 16%

marsbit24 хв тому

Saylor Says Strategy’s Bitcoin Credit Model Is Not A Ponzi Scheme

Michael Saylor defended MicroStrategy's Bitcoin-backed credit model against criticisms that it resembles a Ponzi scheme, emphasizing the company monetizes Bitcoin's capital gains rather than relying on perpetual equity issuance. He clarified his famous "never sell your Bitcoin" stance, stating the more precise strategy is to never be a *net seller*. The company's recent announcement that it might sell Bitcoin to fund dividends on its STRC preferred instrument sparked debate. Saylor explained the core model: issuing credit to buy Bitcoin, expecting its long-term appreciation to exceed dividend costs, analogous to a real estate firm. He argued that even if Bitcoin is sold for dividends, ongoing credit issuance ensures the company remains a net buyer, especially if Bitcoin appreciates more than the dividend yield. Saylor dismissed critics like Peter Schiff, stating their objections stem from rejecting Bitcoin's legitimacy itself. He described STRC as overcollateralized "digital credit" designed to offer yield while mitigating volatility.

bitcoinist26 хв тому

Saylor Says Strategy’s Bitcoin Credit Model Is Not A Ponzi Scheme

bitcoinist26 хв тому

Dissecting Circle's Q1 Earnings Report: After the Interest Rate Dividend Ebbs, USDC Prepares for a Big Chess Game

Title: Circle Q1 2026 Earnings: Shifting Strategy as Interest Rate Windfall Subsides Circle reported its Q1 2026 financial results. While total revenue and reserve income of $694M slightly missed expectations, adjusted EBITDA grew 24% to $151M. A key trend is the decline in reserve income due to lower Federal Reserve interest rates, which Circle is countering by diversifying its revenue streams. Notably, non-interest "Other Revenue" hit a record $42M. USDC's circulation reached 77 billion, up 28% year-over-year, but its on-chain transaction volume surged 263% to $21.5 trillion, indicating significantly higher utilization in payments and DeFi. Financially, the core RLDC Margin improved to 41%, showing better cost control. However, operating expenses nearly doubled, partly due to post-IPO stock compensation costs. Looking ahead, Circle is expanding beyond being a simple stablecoin issuer. It highlighted the $222M presale for its Arc Network (valued at $3B) and launched new services like Managed Payments and the "Agent Stack" for AI-driven commerce. The company's strategy is evolving to position USDC as the foundational dollar network for the internet, targeting broader payment, enterprise, and AI agent economies.

marsbit50 хв тому

Dissecting Circle's Q1 Earnings Report: After the Interest Rate Dividend Ebbs, USDC Prepares for a Big Chess Game

marsbit50 хв тому

Deciphering Circle's Q1 Financial Report: After the Interest Rate Dividend Ebbs, USDC Is Planning a Grand Strategy

Circle's Q1 2026 financial report shows total revenue and reserve income of $6.94 billion, slightly below expectations, with net profit at $550 million, down 15% year-over-year. The company attributes the slowdown in revenue growth to declining reserve asset yields following a Federal Reserve rate cut. However, other revenue streams reached a record $420 million, indicating a diversification away from interest dependence. Key operational highlights include USDC's circulating supply reaching 77 billion, a 28% annual increase, while its on-chain transaction volume surged 263% to $21.5 trillion, showing significantly higher usage frequency. Circle's core RLDC Margin improved to 41%, reflecting better cost control. Looking beyond interest rate reliance, Circle is expanding into new areas. Its Arc Network completed a $2.22 billion ARC token presale at a $30 billion valuation. The company also launched Agent Stack, an infrastructure suite for AI Agent economies, and its Circle Payments Network (CPN) shows an estimated annual transaction volume of $83 billion. The report suggests Circle's strategy is evolving from merely issuing a stablecoin to building USDC into a foundational dollar network for the internet, targeting cross-border payments, enterprise settlement, and the emerging AI-driven economy.

Odaily星球日报54 хв тому

Deciphering Circle's Q1 Financial Report: After the Interest Rate Dividend Ebbs, USDC Is Planning a Grand Strategy

Odaily星球日报54 хв тому

Торгівля

Спот

Ф'ючерси