Solana Launches DGLD, Token Linked to Physical Gold via SwissBorg
On October 5, 2026, Solana launched the DGLD token, a digital asset backed by physical gold held by MKS PAMP. Users of the SwissBorg app can purchase gold directly using DGLD. Arrakis Finance manages the token's liquidity to stabilize its trading. DGLD is designed to replicate the value of physical gold, with each unit linked to real gold reserves. The partnership with MKS PAMP provides the physical backing for the token. Integration with SwissBorg, used by over a million people, facilitates the purchase of gold. The liquidity management by Arrakis Finance is strategic to ensure smooth exchanges. The launch of DGLD aims to attract retail and institutional investors to Solana's DeFi market, leveraging the blockchain's reputation for high performance and low costs. No data is available on DGLD trading volumes, but adoption metrics and liquidity stability will be key indicators for the token's success.
-- Price
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