The World Gold Council is seeking to launch a digital form of gold, a move that could revolutionise London’s $900b physical market for the precious metal by creating a new way to trade, settle and collateralise bullion.
“We are trying to standardise that digital layer of gold, such that the various financial products used in other markets can be used in the gold market going forward,” said...
https://www.ft.com/content/7d15b6b6-0a55-4b94-bb6e-de3b325c3b42
