Tokenized Gold

Definition ∞ Tokenized gold refers to a digital token issued on a blockchain, where each token represents a specific amount of physical gold held in reserve. These tokens aim to combine the liquidity and transferability of digital assets with the stability and intrinsic value of gold. They offer a transparent and auditable way to invest in the precious metal. Tokenized gold provides a digital representation of a traditional store of value.
Context ∞ The concept of tokenized gold is gaining traction as investors seek stable digital assets and alternative investment avenues. Discussions often focus on the auditability of the underlying gold reserves and the regulatory clarity surrounding these digital representations. News reports frequently highlight new offerings or platforms that provide access to gold ownership through blockchain technology.