Who's behind DGLD?
- DGLD is pioneering a new format for gold - offering a digital, verifiable representation of physical gold held in Swiss vaults.
- DGLD the company is supported by a core group of equity partners with a proven track record in the industry: CoinShares, MKS and Blockchain.
- DGLD's technology was developed by the world-class team at CommerceBlock, led by Bitcoin proponent, Nicholas Gregory.
- DGLD's digital custody partner is Globacap - the regulated capital markets platform.
The group comprises a consortium of pioneering companies, each known in their respective industries for breaking new ground. This group of trusted partners has a proven track record in providing best-in-class products and services within the precious metals and crypto-asset industry. There are three entities behind DGLD; CoinShares, MKS (Switzerland) SA and Blockchain.
ABOUT MKS (Switzerland) SA
MKS, located in Geneva, Switzerland, is part of the MKS PAMP GROUP and has forged a reputation as one of the world’s most trusted gold dealers. The refiner and vault operator PAMP SA, located in Castel San Pietro, Switzerland, is also part of the group.
The MKS PAMP GROUP specializes in all aspects of the precious metals business, covering areas spanning refining, producing and trading. Established in the early 1980s, the group prides itself on the highest quality standards based on solid foundations of honesty, integrity and trust. The relationships built in the early days of the group has seen MKS PAMP GROUP expand globally - with 700 employees spanning 15 offices in 12 countries, covering the world’s major bullion markets.
This breadth of experience and knowledge make MKS the ideal organization to serve as a founding partner in DGLD. Trust and reliability is at the heart of the group, and respect is commanded from decades of harnessing and developing valuable relationships. The high quality of their products and services is renowned within the precious metals industry.
The physical gold represented by DGLD in circulation is stored in the GTSA cage at the PAMP vaulting facility in Castel San Pietro, Switzerland.
The CoinShares Group manages approximately $1 billion of assets on behalf of a global investor base, with offices in London, Jersey, and New York. The group creates, issues, and manages investment products that serve thousands of investors, including institutional and accredited investors. Our goal is to provide regulated, risk-managed investment products and services by which investors can participate in the growth of a new asset class, and a new technology paradigm.
CoinShares has a history of pioneering new approaches to digital asset investing, and collectively, the Group enjoys the world’s longest track record of regulated investment management in digital assets. From our beginnings in 2013 to present, we have collaborated with lawmakers, financial institutions, and innovators to pioneer this offering while also being a trusted partner and advisor to our clients.
With a proven track record, CoinShares has the breadth, depth, and scale needed to provide investment products and services to the world’s most sophisticated investors.
Blockchain is connecting the world to the future of finance. We are one of the most trusted and fastest growing digital assets companies, helping millions across the globe – from individuals to the largest institutions – get easy and safe access to cryptocurrencies. Blockchain has raised over $70 million in funding from leading investors including Lightspeed Venture Partners and Google Ventures. Board members include former Barclays CEO Antony Jenkins and Lightspeed Ventures Partner Jeremy Liew. (www.blockchain.com/press).
CommerceBlock is a unique blockchain development company based in London. The company focuses on building layered solutions on top of the Bitcoin blockchain to provide the tools for a distributed financial infrastructure.
We have developed architecture that enables the distribution, exchange and storage of tokenized assets and data. Our open-source ecosystem is derived from the Bitcoin protocol with additional easy-to-use KYC, whitelist/blacklist and other regulatory functions.
It allows for the ability to run sidechains with custom logic together with a portfolio of optional security services to combine the immutability and security of public blockchains with the flexibility of permissioned blockchains.
Globacap is a regulated capital markets platform leveraging blockchain technology to provide digital security issuance, administration, and institutional asset custody. Globacap's platform makes private investments more cost-efficient and easier to access, enabling successful companies to stay private for longer.
Globacap has successfully executed several world-first debt and equity issuances using blockchain technology. Globacap’s innovative technology creates a digital token that forms the legal security. The token’s in-built processes facilitate further transactions by automatically fulfilling the legal requirements of a transfer of ownership. Such transactions are recorded on the underlying blockchain. This is different to other types of security tokens that merely provide a digital receipt of ownership. For its innovative platform, Globacap was shortlisted on UK’s 2019 most disruptive businesses list, Disruption50.
As an authorised custodian, and with deep capital markets experience and cutting-edge technology expertise, Globacap also provides custody of digital assets to institutions across Europe.
Globacap was founded in 2017, and is authorised and regulated by the Financial Conduct Authority (FCA).