World Gold Council Proposes Digital Gold with Gold247 Program

• Lyla Velez
• September 5, 2025
• Business
• 0 Comments

The World Gold Council has announced a new initiative to digitalize gold markets through its Gold247 program. This initiative, involving significant financial and technological players, aims to reform how gold is owned and traded globally.

The initiative aims to modernize gold trading by introducing a digital ecosystem. It could influence digital assets and trading systems.

Led by the World Gold Council, the Gold247 program proposes a digital transformation in gold trading. In partnership with Linklaters LLP and Hilltop Walk Consulting, the initiative aims to enhance gold ownership and settlement.

“Wholesale Digital Gold is a vision to transform the way gold is owned and traded…As the world’s leading gold trading hub, with the Loco London market clearing an average of 20 million ounces daily, the UK is well positioned to lead the way in improving the way gold is traded and cleared to the benefit of all market participants. Introducing a robust legal structure and innovative technology for gold ownership and settlement, will only reinforce London’s role in the global gold market.” — Mike Oswin, Global Head of Market Structure and Innovation, World Gold Council

The program is structured around three main pillars, including the introduction of Pooled Gold Interests, which allow fractional ownership and easy transfer of gold. This represents a substantial shift in how gold is traded and valued.

This development could affect other asset classes, particularly as gold’s digitalization might influence future asset allocation trends. It also aligns with the UK Government’s financial market strategies, signaling broader support for such innovations.

While no direct effects are noted on ETH, BTC, or altcoins, the initiative underscores the potential for cross-asset integration, bridging gold and digital assets. Regulatory compliance and technological neutrality remain primary focuses of the effort.

A successful implementation may signal new paradigms in financial asset management. Historical trends in gold trading suggest this could lead to more secure, efficient systems and broader industry acceptance of digital claims on physical assets.