𝐍𝐞𝐚𝐫𝐥𝐲 𝟏𝟎𝟎,𝟎𝟎𝟎 𝐑𝐞𝐬𝐢𝐝𝐞𝐧𝐭𝐬 𝐀𝐝𝐨𝐩𝐭 𝐒𝐨𝐯𝐞𝐫𝐞𝐢𝐠𝐧 𝐆𝐨𝐥𝐝-𝐁𝐚𝐜𝐤𝐞𝐝 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐓𝐨𝐤𝐞𝐧

… 𝑻𝑬𝑹 𝒂𝒍𝒍𝒐𝒘𝒔 𝒐𝒓𝒅𝒊𝒏𝒂𝒓𝒚 𝒄𝒊𝒕𝒊𝒛𝒆𝒏𝒔 𝒕𝒐 𝒔𝒂𝒗𝒆 𝒊𝒏 𝒈𝒐𝒍𝒅 𝒅𝒊𝒈𝒊𝒕𝒂𝒍𝒍𝒚 𝒘𝒉𝒊𝒍𝒆 𝒆𝒏𝒉𝒂𝒏𝒄𝒊𝒏𝒈 𝒇𝒊𝒏𝒂𝒏𝒄𝒊𝒂𝒍 𝒊𝒏𝒄𝒍𝒖𝒔𝒊𝒐𝒏 𝒂𝒏𝒅 𝒔𝒆𝒄𝒖𝒓𝒊𝒕𝒚

By Yeshi Dolma

Nearly 100,000 residents have embraced TER, the world’s first sovereign-backed, physical gold-
backed digital token, offering ordinary people a new way to save and preserve wealth. Launched
on the nation’s National Day, December 17, the token enables residents to hold gold digitally,
combining traditional value with modern convenience.

Named after the Dzongkha word for “Treasure,” TER reflects the nation’s effort to protect what
is valuable while embracing the digital age. The token allows citizens to secure savings in gold
without the complications of physical storage, providing a safe, transparent, and accessible form
of wealth preservation.

“TER is a foundational step toward a values-driven digital economy rooted in real assets and
sovereign trust,” said Jigdrel Singay, GMC Board Director. “It demonstrates how innovation can
flourish while honoring our principles of transparency, sustainability, and stewardship.”

With nearly 100,000 holders already participating, TER is proving to be a popular tool for
savings. Many residents hold small amounts, allowing ordinary citizens to gradually accumulate
wealth in gold. The widespread adoption highlights how digital tokens can enhance financial
inclusion, giving residents of all income levels access to secure, long-term saving opportunities.

The token is issued by Gelephu Mindfulness City (GMC) and distributed exclusively through
DK Bank, the nation’s first digital bank regulated by both the Royal Monetary Authority and the
GMC Authority. DK Bank serves as custodian of the physical gold, ensuring each TER token is
fully backed by tangible assets.

“We are seeing almost 100,000 holders of TER already,” said Yudong Zheng, Group CEO of DK
Bank. “A lot of them hold small amounts, but this represents strong adoption within the nation.
TER allows residents to safeguard their savings in a secure and regulated environment.”

TER is built on Solana’s enterprise-grade blockchain, chosen for its speed, low transaction fees,
and minimal environmental impact. Matrixdock provides the tokenization technology, ensuring
that every token is directly tied to physical gold held in custody. This combination allows
residents to manage savings digitally while maintaining confidence in the underlying asset.

“This collaboration shows how nations can use Solana’s energy-efficient technology to deliver
high-quality, asset-backed digital products aligned with cultural values and regulatory
standards,” said LuYin, Head of APAC, Solana Foundation.

JJ Tan, Project Manager of Matrixdock, explained that the technical infrastructure ensures
transparency and security. “Our partnership with GMC reflects a shared commitment to building
trusted, transparent, globally connected financial infrastructure,” he said. The platform allows
citizens to verify their holdings, providing reassurance that their digital savings correspond to
actual gold.

The token’s accessibility is a key advantage for ordinary residents. By enabling fractional
ownership, TER allows citizens to save in gold even with limited funds. Users can purchase
small portions of the token and gradually build a digital savings reserve, a practical option for
households seeking to diversify savings beyond cash or traditional bank accounts.

Phase 1 of TER’s rollout allows citizens to acquire the token directly through DK Bank, with
institutional custody of the gold backing each token. This approach ensures security and
transparency, while providing residents with a regulated platform for savings. Each token
represents a verifiable share of physical gold, enabling citizens to hold wealth without worrying
about storage or theft risks associated with physical bullion.

Nearly 100,000 residents have already participated in TER’s early adoption phase, reflecting the
appeal of digital savings tools tied to real assets. Small-holding participants highlight how even
modest investments can grow into meaningful reserves of wealth. This approach encourages
households to incorporate gold into everyday savings strategies, a departure from traditional
methods that limited access to affluent individuals.

TER’s design also facilitates convenient transfers and payments. Residents can hold, send, or
receive digital gold within secure wallets, allowing savings to remain accessible while being
safeguarded. The blockchain ensures every transaction is recorded and verifiable, providing
confidence that funds are secure and properly accounted for.

For many residents, TER represents more than an investment; it is a practical savings
mechanism. By integrating gold into a digital platform, ordinary people can actively participate
in wealth accumulation and financial planning, building reserves that are both stable and
accessible.

The rollout also highlights the broader shift toward a digital economy that values both
transparency and financial inclusion. By providing nearly 100,000 residents with a secure, gold-
backed token, the project shows how the nation is enabling everyday people to participate in
financial innovation while preserving traditional principles of wealth preservation.

“TER allows citizens to gradually build savings in gold, a historically trusted store of value,”
said Yudong Zheng of DK Bank. “Residents now have a regulated, easy-to-use tool to protect
wealth and plan for the future.”

The blockchain infrastructure ensures efficiency even with widespread adoption. With a high
number of small-value transactions, Solana’s platform provides a cost-effective way to manage
savings digitally. Residents can securely accumulate TER tokens without paying high fees,
making it accessible to households across the nation.

Matrixdock’s tokenization technology guarantees that each TER token corresponds to a specific
portion of physical gold. This transparency strengthens trust in the digital savings system,
reassuring residents that their wealth is fully backed by a tangible asset. Citizens can verify
holdings, transfer funds safely, and use the tokens with confidence.

TER’s success reflects the nation’s broader vision for financial inclusion. By focusing on
ordinary residents and offering a regulated platform for digital gold savings, the project
demonstrates how technology can make wealth preservation accessible to the public at large.
Nearly 100,000 residents now have the ability to diversify savings, build security for the future,
and participate in a digital financial system rooted in real assets.

The token is also part of a growing effort to integrate traditional wealth with digital
infrastructure. By providing secure access to gold and enabling fractional ownership, TER allows
residents to plan savings incrementally, build financial resilience, and preserve wealth in a
format that aligns with both cultural values and modern convenience.

GMC has emphasized that TER is the first of many digital financial innovations designed to
serve ordinary citizens. By prioritizing savings and transparent asset backing, the project
illustrates how technological advances can benefit the population directly, giving people practical
tools to secure their financial futures.

As adoption grows, nearly 100,000 residents have become active participants in the nation’s
digital savings ecosystem. TER represents a practical model for wealth accumulation, combining
the stability of gold with the accessibility of modern digital platforms. Citizens can build long-
term savings with confidence, knowing their tokens are fully backed by gold and safeguarded
under a regulated system.

The launch of TER shows that financial innovation need not be limited to high-net-worth
individuals. By enabling broad participation and fractional ownership, the project allows
ordinary residents to hold meaningful reserves of gold, creating a sustainable, inclusive pathway
for savings.

TER is a breakthrough for everyday financial planning. With nearly 100,000 holders, the token
demonstrates how ordinary people can secure wealth digitally, access real assets, and build
savings in a convenient and transparent way. By connecting gold to digital wallets through a
sovereign-backed system, TER provides residents with a new tool for preserving wealth,
fostering financial inclusion, and planning for a secure future.