When Trust Fractures | Tokenisation & the Reshaping of Financial Architecture

Gold crossed $5,000 an ounce in the past week. Tokenised gold has tripled its market capitalisation to $5.3 billion in twelve months. Central banks now hold more gold than U.S. Treasuries for the first time in nearly three decades. These are not disconnected data points. They are symptoms of something deeper: a fundamental recalibration of trust in the global financial system.

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