Gold Token S.A., tokenization unit of MKS PAMP Group, has launched its physically backed gold token DGLD® on the Base network and decentralized exchange Aerodrome. Gold Token S.A. is a Swiss digital asset issuer. MKS PAMP Group is a global precious metals group.
DGLD® provides token holders with direct and legally enforceable ownership of physical PAMP® gold. Each token is backed by high-grade gold stored in Swiss vaults and subject to regular audits. Holders can redeem their tokens for physical gold starting from one gram, linking digital ownership with real-world delivery.
Liquidity for DGLD® on Aerodrome is managed by Arrakis Finance, an on-chain liquidity management protocol. Arrakis Finance is an automated market-making platform. Its strategy aligns on-chain liquidity with global gold prices, aiming to support stable trading conditions and reduced price slippage during volatile periods.
Image: Freepik
cryptonews.net