Page 32 - Bullion World Issue 01 Volume 06 January_2026

Bullion World | Volume 6 | Issue 01 | January 2026

When Gold Meets Code:

A Deep Dive Into Precious

Metals Tokenisation

Gold has always been trusted because it is physical, Setting the Tone: Tokenisation Is About Trust
scarce, and timeless. But what happens when this Opening the session, Srivatsava Ganapathy, CEO
oldest store of value enters the digital world? & Director of Eventell Global Advisory, framed the
conversation carefully. Tokenisation, he said, is often
That question sat at the heart of the first session of misunderstood as a purely technological idea. In
the Webinar Series on Real World Asset Tokenization, reality, it is about trust, structure, and real-world
jointly organised by Investment Trust Info and AKW acceptance.
Consultants. The session brought together voices
from vaulting, technology, infrastructure, regulation, Precious metals, he explained, are uniquely suited for
and live token platforms to examine whether precious tokenisation because they are already standardised
metals-especially gold-can be safely and meaningfully and globally trusted. The challenge is not digitising
tokenised. gold, but ensuring that digital gold feels as reliable
as physical gold. With that context, the discussion
The discussion made one thing clear early on: moved step by step through the ecosystem that makes
tokenisation is not about replacing gold. It is about tokenised gold possible.
redefining how gold is owned, moved, and used.

Mr Gregor Gregorson,
Founder, Silver Bullion & The Reserve:

The Bedrock: Physical Gold and the Vault
The first deep dive came from Gregor Gregorson, who
brought the conversation firmly back to the physical
world. At its core, he explained, a gold token is simply a
digital label attached to real gold sitting inside a vault. If
the gold is not real, not allocated, or not verifiable, the
token loses meaning.

He stressed that gold backing must always be fully
allocated, not pooled or promised. Investors must know
exactly which gold belongs to them. Vault operators,
therefore, play a critical role-not in issuing tokens, but
in proving that the gold actually exists.

While public blockchains offer freedom and
flexibility, Gregor cautioned that regulators often
restrict open transfers. Redemption, too, remains
a practical challenge, especially when dealing with Mr Gregor Gregorson
small quantities of gold. His message was direct and
grounding “Tokenisation only works when trust starts
with the vault”.

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