Gold-Backed Cryptocurrencies

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Seems like the there are a lot of actors jumping into this market now ...

Dubai, UAE – May 7, 2025— Monetary Metals is pleased to announce a partnership with ORO Labs. ORO has created the first yield-bearing blockchain gold token, providing a new distribution channel for Monetary Metals.

While most gold tokens simply provide custody, ORO has developed something more valuable: a token that enables savers to earn a yield on gold.

Usman Saleem, Dubai-based ORO CEO, expressed excitement about the partnership and its potential:

“We’re proud to be working with Monetary Metals, the creators of the precious metals fixed income category. Their Gold Yield Marketplace® platform connects our token with real-world gold financing flows. Together we’ve transformed gold from a passive holding into a yield-bearing blockchain asset.”

Top Solana engineers and business leaders helped design ORO’s architecture to support compliance, legal clarity, and integration with gold markets. ORO leverages Solana’s high transaction throughput and low fee structure to attain massive scale.

Mark Pey, Vice President of Strategic Relationships for Monetary Metals Dubai commented on the collaboration:

“We are impressed by ORO’s focus on composability, and by their sustainable tokenomics. The crypto industry is shifting its focus to Real World Assets (RWA). With this partnership we’ve created an even more powerful category: Real World Productive Assets (RWPA).”

The ORO gold token is currently in an invite-only private beta phase with institutional and other participants. It will be open to the public in Q3.
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Monetary Metals partners with ORO Labs | Monetary Metals

Monetary Metals partners with ORO Lans to launch yield-bearing gold token.

www.monetary-metals.com

 

[nickndfl]

How much gold that backs a token can determine competitive demand unless there is an industry standard.