£ 721.64
2 years ago
(-2.48%)
DGLD is a digital asset representing allocated physical gold stored in a Swiss vault, and tokenized with a side-chain built on the Bitcoin network. In doing so, DGLD creates a convenient, 24/7 option for purchasing physical gold, without the middlemen.
Each DGLD token is the digital equivalent of 1/10th of a troy ounce of gold, vaulted in Switzerland. Before a new token is created, LBMA gold is allocated and placed in a Swiss vault. Then, DGLD representing that specific gold is created and sent to a DGLD wallet. This simple approach unleashes physical gold and renders it both digitally usable and physically redeemable.
Try our free Digital Gold (DGLD) portfolio tracker if you want to efficiently keep track of your DGLD and other coin/token investments.