Digital Gold: The Case for a Shared Infrastructure

The WGC and BCG jointly published a landmark whitepaper proposing "Gold as a Service" — an open platform connecting physical gold custody with digital issuance systems. The platform would standardize key processes such as custody coordination, reconciliation, compliance and redemption to reduce operational complexity, improve accessibility, and bring greater consistency across digital gold offerings. As BCG Managing Director Matthias Tauber framed it, "The question is no longer whether gold will be digital; it's how it can participate in modern financial systems without compromising physical integrity." The paper validates the core thesis behind XAU₮: that tokenized gold is the future infrastructure layer of the bullion market