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CoinMarketCap· 2025-12-12 02:49
LATEST: 🇧🇹 Bhutan's Gelephu Mindfulness City has launched TER, a sovereign gold-backed token issued on Solana, with the physical gold deposits custodied by DK Bank and tokenized by RWA platform Matrixdock. https://t.co/DVwMhEO1tE ...
Bhutan Tokenizes Sovereign Gold Reserves on Solana Blockchain
Yahoo Finance· 2025-12-11 13:48
The Kingdom of Bhutan will launch TER, a sovereign digital token backed by its physical gold reserves, on the Solana blockchain. The token is set to debut on Dec. 17, 2025. The initiative, announced by Gelephu Mindfulness City (GMC), represents one of the first instances of a nation-state leveraging public blockchain infrastructure to digitize its sovereign wealth. TER, which translates to “Treasure” in the national language Dzongkha, is a collaboration between GMC, DK Bank, and Matrixdock technology. D ...
Bhutan Rolls Out Solana-Powered Sovereign Gold Token TER
Yahoo Finance· 2025-12-11 08:29
Bhutan is deepening its national blockchain push with the rollout of TER, a gold-backed digital token issued through Gelephu Mindfulness City and supported by the Kingdom’s sovereign framework. Key Takeaways: Bhutan launched TER, a sovereign-backed gold token on Solana. Investors can buy TER directly through DK Bank with full on-chain transparency. The move strengthens Bhutan’s push into state-backed digital assets. The initiative positions Bhutan among the few nations experimenting with state-ba ...
Asia’s Newest Crypto Hub: Gelephu Mindfulness City Partners with Matrixdock for Pioneering Gold Tokenization Initiative
BusinessLine· 2025-12-11 07:59
SINGAPORE and GELEPHU, Bhutan, Dec. 11, 2025 /PRNewswire/ -- Gelephu Mindfulness City (GMC) is rapidly emerging as a leading, crypto-friendly jurisdiction in Asia, backed by a clear, progressive regulatory framework for digital assets. Highlighting this strategic direction, the GMC Authority (GMCA) has appointed Matrixdock as the tokenization technology partner for GMC’s gold-backed token, TER.This strategic collaboration follows the recent granting by the GMC Authority (GMCA) of a Financial Services Licenc ...