Global Gold Launches Blockchain-Based Gold Tokenization Ecosystem
Global Gold, co-founded by Cole Chapman, is pioneering the tokenization of physical Gold through a decentralized finance (DeFi) protocol. The platform issues 'Global Gold Bars'—digital tokens fully backed by audited gold stored in secure vaults, enabling fractional ownership, on-chain liquidity, and collateralized lending.
The company operates a 70,000-square-foot Class 3 vaulting facility in Casper, Wyoming, emphasizing institutional-grade security. Third-party auditors Alfred H. Knight and FORVIS ensure compliance and transparency, while an integrated decentralized exchange facilitates trading of gold-backed assets.
This initiative bridges traditional gold markets with DeFi, offering a transparent alternative to physical gold ownership with real-time audit capabilities. The project underscores the growing convergence of tangible assets and blockchain technology.