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DGLD

avoid.net/dgld42/100·62% conf.
[AI-DRAFTED · AWAITING VERIFICATION][src:defillama]

Auto-generated score, not yet verified against the scoring model. Under review — treat as indicative, not a verdict.

anchored·amRZ6t…85z8

Summary

DGLD (Digital Gold Token) is a physically-backed gold token originally launched in October 2019 by a consortium of CoinShares, Blockchain.com, and MKS PAMP SA on CommerceBlock's Ocean Bitcoin sidechain. The project went dormant by 2020 due to liquidity failure and market under-adoption, and the underlying infrastructure provider CommerceBlock later shut down entirely. MKS PAMP relaunched DGLD in late 2025 under full ownership of Gold Token SA, migrating to Ethereum and Base — but significant jurisdictional restrictions, minimal liquidity, contractual liability exclusions, and the project's history of abandonment remain concerns.

Connected Entities

1 entities
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DGLD
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    Timeline(6 events)

    22 February 2019

    FINMA issues ruling classifying DGLD as a payment token under Swiss law.

    15 October 2019

    DGLD launches on CommerceBlock's Ocean Bitcoin sidechain backed by ~$20M in physical gold.

    2020

    Trading activity declines significantly; project moves toward dormancy.

    2021

    DGLD effectively dormant. CommerceBlock, the Ocean sidechain operator, ceases operations.

    20 November 2025

    MKS PAMP S.A. acquires full ownership of Gold Token S.A. and announces relaunch of DGLD.

    16 December 2025

    DGLD relaunches on Base network via Aerodrome Finance; issuance restricted to accredited institutions.

    Provenance & Audit Trail

    Decision Log

    This investigation is cryptographically anchored to the Solana blockchain (1 event). 12 of 13 cited source URLs have an Internet Archive snapshot.

    model: claude-sonnet-4-5

    generated: 5/4/2026, 2:54:18 AM

    last updated: 8/30/2026, 3:54:58 AM

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