Overview
- The sovereign-backed TER token is issued via Gelephu Mindfulness City and recorded on the Solana blockchain for high-speed, globally transferable ownership.
- DK Bank, described as Bhutan’s first licensed digital bank, serves as exclusive custodian and initial distributor, with investors able to buy TER directly through the bank.
- Each token is backed by physical gold held in custody, aiming to combine the security of reserves with on-chain transparency for holders.
- Matrixdock supplies the tokenization infrastructure under a Financial Services Licence from the Gelephu Mindfulness City Authority.
- The launch comes days after Kyrgyzstan’s USDKG debut, highlighting a growing move by smaller nations toward asset-backed digital currencies.