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Tokenized gold poised for further growth as World Gold Council pushes market standardization, says Gold Token SA CEO
Tokenized gold has been one of the fastest-growing sectors in the digital assets marketplace and it still has further upside potential as the World Gold Council embarks on a new initiative to standardize the marketplace, said Kurt Hemecker, CEO of Gold Token SA, the tokenization arm of MKS PAMP. In an interview with Kitco News, Hemecker explained that the industry does not suffer from a lack of demand for gold, but rather from structural inefficiencies that have limited the growth of tokenized products. “I don't think gold in general… has a demand problem,” he said. “It's more about market structure.” ... (full story)