MKS PAMP Relaunches Crypto-Gold Token DGLD Amid Rising Demand
MKS PAMP has revived its crypto-gold token DGLD after a six-year hiatus, citing increased demand from crypto traders and institutional funds. The token, initially launched in 2019 in partnership with CoinShares International, struggled due to premature timing. Now, the company aims to capitalize on renewed interest in gold-backed digital assets.
The relaunch comes as crypto investors seek exposure to gold in liquid, tradable forms. James Emmett, CEO of MKS PAMP, noted that these investors want to "utilize it in one FORM or another"—whether through staking or leveraging—rather than holding physical metal. The company has bolstered DGLD's infrastructure by acquiring Gold Token SA and ensuring liquidity through its trading arm.
Institutional players have also driven demand, requesting gold products that can MOVE swiftly in digital markets. MKS PAMP's refineries and trading desks position it to meet this need, with the revamped DGLD offering a bridge between traditional bullion and crypto liquidity.