Euroclear BankchainTransforming the Gold Market


Euroclear Bankchain combines Euroclear’s strengths as a leading domestic and cross border settlement provider and Paxos’ flagship blockchain settlement platform, Bankchain, to bring instant settlement and true delivery versus payment to the London bullion market.

Euroclear Bankchain Completes First Market Pilot for Blockchain Gold Settlement

"This is a real first step in bringing a new settlement capability to the London bullion market that will help lower risk and simplify the post-trade process."

-Angus Scott, Director of Product Strategy and Innovation at Euroclear 


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Digitizing Physical Gold

Euroclear Bankchain's innovative tokenization process turns physical gold into digital gold tokens, reducing capital charges and opening new opportunities for market participants

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Gold tokens are a digital representation of one allocated gold bar and store key identifying information

 

Unlocking New Opportunities

Fast Dynamic TradingFast, Dynamic Trading

Instant settlement, frictionless movement of gold globally



True Delivery vs Payment for Gold

True Delivery vs Payment for Gold

Simultaneous movement of bullion and payment reduces counterparty risk


Best of Unallocated and Allocated Markets

Best of Unallocated and Allocated Gold

Settle in non-standard bar sizes with perfected ownership and less uncertainty


New Cost Savings

New Cost Savings

Reduced capital charges, increased operational efficiency through automation

Pledge Gold as Collateral Globally

Gold Trading that Follows the Sun


Digital gold tokens can be used as eligible collateral all over the world without leaving the vault. Many global exchanges and clearing houses accept gold as collateral for trading across multiple asset classes, not just in precious metals.


Gold Trading that Follows the Sun

A trader begins the day by using a digital gold token to meet margin requirements for trading in Hong Kong. Once positions have been flattened, the token can be transferred digitally, through Euroclear Bankchain, for reuse in London, New York and other global financial centers during the same trading day.