MKS PAMP’s Tokenized Gold DGLD Launches on Solana

MKS PAMP launches its tokenized gold, DGLD, on Solana.
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The DGLD token was deployed this Monday on the Solana network. It is a tokenized gold asset backed 100% by physical gold reserves custodied by the Swiss refinery MKS PAMP. The on-chain deployment is accompanied by two key partnerships: the investment platform SwissBorg, which enables direct purchases of the asset for over one million registered users on its app, and the Arrakis Finance protocol, tasked with automated liquidity management to ensure efficient trading.

This integration boosts the real-world asset (RWA) sector within Solana, offering institutional and retail investors a native alternative for value preservation with low fees and high settlement speeds. The arrival of DGLD expands diversification options within decentralized finance (DeFi), allowing users to access a traditional safe haven directly from Web3 wallets.

The next step for the project will involve tracking initial trading volume traction and adoption across Solana decentralized exchanges, as well as expanding collateral integration and new use cases for DGLD across lending and yield protocols.


Source: https://x.com/solana/status/2107105805287993821


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