US EditionBhutan Debuts Sovereign Gold-Backed TER Token
- Gelephu Mindfulness City has appointed Matrixdock as the tokenization technology partner for its gold-backed token, TER, indicating its drive towards becoming a crypto-friendly jurisdiction in Asia.
- Matrixport's parent company, which recently received a Financial Services Licence from GMC Authorities, will support the development of the tokenization infrastructure for TER.
- John Ge, CEO of Matrixport, stated that the collaboration aims to empower Bhutan's citizens and promote innovation with stability and real-world value.
- Yudong Zhang, CEO of DK Bank, highlighted that the partnership will enable efficient financial services for both traditional and digital sectors in GMC.
26 Articles
26 Articles
The Manila Times
LatestlyAsia's Newest Crypto Hub: Gelephu Mindfulness City Partners with Matrixdock for Pioneering Gold Tokenization Initiative
SINGAPORE and GELEPHU, Bhutan, Dec. 11, 2025 /PRNewswire/ -- Gelephu Mindfulness City (GMC) is rapidly emerging as a leading, crypto-friendly jurisdiction in Asia, backed by a clear, progressive regulatory framework for digital assets. Highlighting this strategic direction, the GMC Authority (GMCA) has appointed Matrixdock as the tokenization technology partner for GMC's gold-backed token, TER.
Asias Newest Crypto Hub: Gelephu Mindfulness City Partners with Matrixdock for Pioneering Gold Tokenization Initiative - The Tribune
Singapore / Gelephu [Bhutan], December 11: Gelephu Mindfulness City (GMC) is rapidly emerging as a leading, crypto-friendly jurisdiction in Asia, backed by a clear, progressive regulatory framework for digital assets. Highlighting this strategic direction, the GMC Authority (GMCA) has appointed Matrixdock as the tokenization technology partner for GMC's gold-backed token, TER.
Bhutan is advancing its digital economy by placing portions of its traditional reserves on a blockchain infrastructure. While tokenized real-world assets are gaining in popularity, the country is ensuring an early position. The introduction of TER, a gold-backed token from Gelephu Mindfulness City (GMC), strengthens Bhutan's ongoing blockchain plans. The article Bhutan is strengthening its digital strategy with the launch of the sovereign gold-b…
Bhutan to Launch Sovereign Gold‑Backed Token on Solana Network
Key Insights: Each TER token on Solana is backed by physical gold and designed to offer global investors an accessible, on-chain store of value. The launch of the Gold token TER aligns with Bhutan’s diversification strategy as the government reduces its Bitcoin exposure. TER supports the development of Gelephu Mindfulness City as a special administrative region aimed at attracting digital-asset businesses. The Kingdom of Bhutan, a Bitcoin-frien…
Bhutan Announces TER, a Sovereign Gold-Backed Crypto Token
Gelephu Mindfulness City (GMC), an unique administrative zone of Bhutan, revealed on Wednesday that it is introducing a sovereign gold-backed digital token called TER. The physical gold deposits will be custodied by DK Bank, a digital property bank managed by the federal government of Bhutan, and provided on the Solana Blockchain network, according to GMC’s statement. Matrixdock, a real-world property tokenization (RWA) platform, is the innovati…
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