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SmartGold and Chintai Tokenize $1.6B in IRA Gold for DeFi Collateral

The arrangement preserves IRA tax advantages by issuing 1:1 claims on vaulted, insured bullion through a regulated platform.

Overview

  • SmartGold partnered with Chintai Nexus to create on-chain tokens that mirror specific IRA-held gold holdings on a one-to-one basis.
  • Tokenized positions can be pledged on DeFi lending markets such as Morpho and Kamino to unlock dollar liquidity without selling the underlying metal.
  • Chintai’s mid‑August integration of Chainlink’s CCIP and oracle services underpins cross-chain transfers, data feeds, and verifiable proof‑of‑reserves.
  • The companies bill the rollout as the first compliant tokenization framework tailored to self-directed IRAs and one of the largest tokenized‑gold deployments to date.
  • SmartGold’s Aaron Haley said the initiative addresses the long-standing trade-off between security and yield, though DeFi use still carries price, liquidation, and technical risks.