Verify a decision

{"actor":"system:backfill","investigation_id":"1f5ae2a6-6a6a-4c56-908f-e2ddb5ce6981","kind":"publish","page_slug":"dgld","published_at":"2026-05-28T20:24:54.876Z","sequence_num":1,"snapshot":{"content_type":"investigation","entity_name":"DGLD","sections":[{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://bitcoinmagazine.com/technical/coinshares-blockchain-launches-digital-gold-token-on-bitcoin-sidechain","type":"other","url":""},{"credibility":3,"name":"https://www.theblock.co/post/43306/coinshares-jointly-rolls-out-a-gold-token-dgld-built-on-the-bitcoin-network","type":"other","url":""},{"credibility":3,"name":"https://www.mkspamp.com/official-launch-dgld","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://cryptorank.io/news/feed/5dab6-mks-pamp-revives-crypto-gold-token-dgld","type":"other","url":""},{"credibility":3,"name":"https://www.cryptopolitan.com/mks-pamp-revives-crypto-gold-token-dgld/","type":"other","url":""},{"credibility":3,"name":"https://etherscan.io/token/0x123151402076fc819B7564510989e475c9cD93CA","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://www.mkspamp.com/mks-pamp-acquires-full-ownership-gold-token-sa-relaunch-leading-real-world-asset-backed-tokenized","type":"other","url":""},{"credibility":3,"name":"https://www.prnewswire.com/news-releases/dgld-the-only-gold-token-backed-by-60-years-of-swiss-precious-metals-heritage-launches-on-base-network-via-aerodrome-302643330.html","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://dgld.ch/legal/general-terms-conditions-dgld-2","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://bitsz.io/blog/top-5/gold-stablecoins-2026","type":"other","url":""},{"credibility":3,"name":"https://cryptorank.io/news/feed/5dab6-mks-pamp-revives-crypto-gold-token-dgld","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://dgld.ch/about-us","type":"other","url":""},{"credibility":3,"name":"https://www.bitstamp.net/learn/cryptocurrency-guide/what-is-dgld/","type":"other","url":""}]},{"content":"","heading":"","severity":"medium","sources":[{"credibility":3,"name":"https://en.wikipedia.org/wiki/ZachXBT","type":"other","url":""}]}],"sources_used":[],"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.","timeline":[{"date":"2019-02-22","event":"FINMA issues ruling classifying DGLD as a payment token under Swiss law.","source":""},{"date":"2019-10-15","event":"DGLD launches on CommerceBlock's Ocean Bitcoin sidechain backed by ~$20M in physical gold.","source":""},{"date":"2020-01-01","event":"Trading activity declines significantly; project moves toward dormancy.","source":""},{"date":"2021-01-01","event":"DGLD effectively dormant. CommerceBlock, the Ocean sidechain operator, ceases operations.","source":""},{"date":"2025-11-20","event":"MKS PAMP S.A. acquires full ownership of Gold Token S.A. and announces relaunch of DGLD.","source":""},{"date":"2025-12-16","event":"DGLD relaunches on Base network via Aerodrome Finance; issuance restricted to accredited institutions.","source":""}]},"v":1}