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.
22 Articles
22 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 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…
Bhutan Launches TER: The World's First Sovereign Gold-Backed Crypto Token
Gelephu Mindfulness City Launches Sovereign Gold-Backed Digital Token Gelephu Mindfulness City (GMC), a special administrative zone of Bhutan, has announced the launch of a new digital asset called TER, a sovereign gold-backed token. This initiative marks a significant step in Bhutan’s push toward integrating blockchain technology with traditional assets, reinforcing the country’s progressive approach to digital finance and asset management. The…
Bhutan's technological drive is now supported by Solana, which is beginning to be integrated into the Asian kingdom's innovation plans. Read more
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