Gold as a Service
Gold remains one of the world’s most trusted strategic assets and store of value. As financial systems have digitised, gold’s market structure has not evolved at the same pace. While digital gold products exist, they operate across fragmented infrastructure with inconsistent custody standards, redemption terms and governance frameworks.
This fragmentation limits fungibility, constrains liquidity, and weakens gold’s integration into modern financial systems. We have released a White paper proposing Gold as a Service: a shared infrastructure that would connect physical gold custody with digital issuance and product lifecycle management.
This paper, Digital Gold: The Case for a Shared Infrastructure, written in partnership with Boston Consulting Group, explores how by standardising core operating functions while preserving issuer competition, Gold as a Service aims to strengthen trust, reduce complexity, and enable digital gold to function as a coherent, interoperable asset class fit for a digital financial era.