The World Gold Council has unveiled a proposed legal and operational standard for ‘tokenized’ gold ownership that aims to fix a long-standing weakness in the bullion market: traders must typically choose between the safety of title to specific bars and the liquidity of a credit-based claim. Developed with global law firm Linklaters, the framework introduces a new ownership construct designed to make gold usable as high-grade collateral without forcing bars to move between vaults.
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