Bhutan Rolls Out Solana-Powered Sovereign Gold Token TER
Bhutan is deepening its nationwide blockchain push with the rollout of TER, a gold-backed digital token issued by way of Gelephu Mindfulness City and supported by the Kingdom’s sovereign framework.
Key Takeaways:
- Bhutan launched TER, a sovereign-backed gold token on Solana.
- Investors should buy TER straight by way of DK Bank with full on-chain transparency.
- The transfer strengthens Bhutan’s push into state-backed digital property.
The initiative positions Bhutan among the many few nations experimenting with state-backed tokenized property because it seems to merge conventional shops of worth with fashionable monetary infrastructure.
According to an announcement on Thursday, TER will run on Solana and be distributed and custodied by DK Bank, Bhutan’s first licensed digital financial institution.
Bhutan Opens Direct Bank Sales for Its Tokenized Gold Asset
In the primary section, traders will be capable of purchase the token straight by way of the financial institution, making a bridge between acquainted gold-purchase processes and clear, on-chain possession.
Officials say the construction permits worldwide consumers to entry a tokenized type of gold that retains the mobility, settlement effectivity and world attain of digital property.
TER can also be a flagship challenge for Gelephu Mindfulness City, a particular administrative zone designed to draw worldwide capital and nurture Bhutan’s digital financial system.
The metropolis varieties a key pillar of the Kingdom’s broader technique to diversify its financial system with technology-led initiatives that align with cultural and sustainability priorities.
Bhutan’s transfer comes shortly after Kyrgyzstan unveiled USDKG, a state-supervised gold-backed stablecoin, highlighting a rising pattern by which smaller nations use blockchain to modernize the administration of safe-haven property.
Beyond its function as a brand new funding instrument, TER underscores Bhutan’s ambition to construct a sovereign-aligned digital finance ecosystem rooted in audited reserves and institutional safeguards.
DK Bank’s regulated infrastructure is meant to offer each home and world traders confidence in custody and compliance requirements.
Solana’s high-speed, low-cost community offers the technical basis for the token, with its efficiency and environmental effectivity cited as deciding components.
The launch suits right into a broader nationwide program of digital experimentation. Bhutan has woven digital property into its strategic reserves, deployed blockchain-based identification programs, enabled crypto-powered funds and leveraged hydropower to mine Bitcoin.
The introduction of TER marks the newest step in that evolution, giving Bhutan a particular place within the rising marketplace for state-backed tokenized property.
SC Ventures-Backed Libeara Launches Tokenized Gold Fund
On Monday, Libeara, the blockchain infrastructure platform backed by Standard Chartered’s enterprise arm SC Ventures, rolled out a new tokenized gold funding fund in Singapore, bringing one of many world’s oldest safe-haven property onto digital rails.
The fund, launched in partnership with FundBridge Capital, permits skilled traders to achieve publicity to gold by way of blockchain-based tokens issued on Libeara’s ledger.
In a current analysis, Web3 digital property agency Animoca Brands stated that tokenization of RWAs may unlock a $400 trillion traditional finance market.
Animoca researchers Andrew Ho and Ming Ruan stated the worldwide marketplace for non-public credit score, treasury debt, commodities, shares, different funds, and bonds represents an enormous runway for progress.
“The estimated $400 trillion addressable TradFi market underscores the potential progress runway for RWA tokenization,” they wrote.
Meanwhile, based on the 2025 Skynet RWA Security Report, the marketplace for tokenized RWAs could grow to $16 trillion by 2030.
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