Decentralized Gold vs Tokenized Gold

Most existing “tokenized gold” or “tokenized silver” products implement centralized issuance and custody models.

They rely on:

• A single issuer

• Pooled custody

• Corporate balance-sheet liabilities

• Discretionary redemption

• Limited transparency

In these models, users do not own gold — they own a promise.

Decentralized gold is different.

Global Gold introduces a new category where:

• Gold is tokenized by the vault that holds it

• Each bar is represented individually on-chain

• Asset-level claim rights reference specific physical assets

• Redemption is deterministic, not discretionary

• No single entity controls issuance or custody

Tokenized gold creates exposure.

Decentralized gold creates ownership.