Overview
- Testing is scheduled for the first quarter of 2026 with a small group of banks and trading houses holding bars through a trust structure.
- Each pooled gold interest would represent fractional ownership of specific vaulted bullion, transferable within the over-the-counter market.
- David Tait says the goal is to create a standardized digital layer so gold can support common financial products and margin use.
- The initiative forms part of the WGC’s multiyear Gold247 program, which includes a supply‑chain ledger and proposed standards for interoperable units.
- The rollout follows record gold prices and past mixed results for crypto-linked gold tokens, with some London market voices questioning adoption.