Core Viewpoint - The World Gold Council (WGC) plans to pilot a digital gold form next year, potentially transforming the $900 billion physical gold market in London through new trading, settlement, and collateral methods [1] Group 1: Digital Gold Introduction - Digital gold will allow investors to participate in gold investment with smaller amounts, significantly lowering the investment threshold and enabling more ordinary investors to enter the gold market [1] - The introduction of digital gold breaks geographical barriers, allowing global investors to engage in the gold market, which will help increase the overall scale of the gold market [1] Group 2: Benefits of Digital Gold - Digital gold enables global asset allocation for investors while providing a low-cost and efficient trading experience [1] - Traditionally, gold is a static, non-yielding asset on bank balance sheets; however, digitized gold can be used to meet margin requirements and serve as collateral, thus enhancing its utility [1] - The digitization of gold upgrades it from a "safe-haven asset" to "financial infrastructure" [1]