World Gold Council building shared infrastructure to support $5 billion tokenized gold market

The World Gold Council (WGC) is launching a shared infrastructure initiative to support the burgeoning $5 billion tokenized gold market, which grew 177% in market capitalization in 2025 from $1.6 billion to $4.4 billion. The WGC’s ‘Gold as a Service’ platform, developed in partnership with Boston Consulting Group, aims to standardize custody, compliance, reconciliation, and redemption processes to address current fragmentation and inefficiencies in the tokenized gold ecosystem. Mike Oswin, WGC’s Global Head of Market Structure and Innovation, highlighted that despite rapid digital gold adoption, the lack of consistent infrastructure and standardization constrains growth and integration with traditional financial systems. The platform will embed continuous reconciliation, auditability, and standardized legal frameworks to provide investor assurance of legal title and ownership, improving fungibility and trust in tokenized gold products. This infrastructure push could catalyze adoption by transforming gold into a more dynamic financial asset capable of being used as collateral and integrated into lending and broader financial markets. The model is positioned to enhance scalability and interoperability in digital gold, with optimism that this will unlock new financial use cases amid the ongoing digital transformation of financial markets.