Bhutan partners with Matrixport to launch gold-backed token TER
Chainthink
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Bhutan’s Gelephu Mindfulness City Authority (GMCA) has selected Matrixport’s RWA platform Matrixdock as the core tokenization partner for a new gold-backed token, TER. This token launch news marks a major step in Bhutan’s push for a digital financial system. Matrixdock will build the tokenization framework, using its gold tokenization and institutional-grade RWA infrastructure. The stablecoin pilot is expected to shape Bhutan’s digital financial architecture and possibly set a new industry standard. The project could also bring new pricing systems to the RWA space. Matrixport CEO John Ge said the firm’s financial services license and role in GMC development align with long-term investment plans. The initiative shows Bhutan’s commitment to blending global innovation with national financial goals. This move supports a growing list of new token listings in the RWA sector.
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