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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

10 entities · 60 linked investigations
Organizations
Ethereum64TetherPAX Gold (PAXG)BinanceTether Gold (XAUT)BaseZachXBTDGLD
Protocols
Aerodrome Finance
Tokens
Bitcoin
Relationships
  • Ethereummentioned withBitcoin(60%)
  • Aerodrome Financementioned withBase(70%)
  • Aerodrome Financementioned withEthereum(80%)
  • ZachXBTmentioned withEthereum(70%)
  • ZachXBTmentioned withBitcoin(65%)
  • ZachXBTmentioned withBinance(60%)
  • Binancementioned withTether(60%)
  • PAX Gold (PAXG)mentioned withTether Gold (XAUT)(75%)
  • Binancementioned withEthereum(65%)
  • Tether Gold (XAUT)mentioned withTether(70%)
  • + 18 more
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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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