GRAM is Singapore’s first regulated physical gold asset-backed token issued by MGDG Pte. Ltd. (“MGDG”) under Section 2 of the Precious Stones and Precious Metals (Prevention of Money Laundering, Terrorism Financing and Proliferation Financing) Act 2019 of the Republic of Singapore (“PSPM Act”).
MGDG holds a Regulated Dealers Certificate of Registration No.: PS20240000186 issued by the Ministry of Law of the Republic of Singapore.
The GRAM token combines the benefits of physical and digital assets by allowing its holders to own physical gold in the form of a digital token that is fully redeemable for physical gold.
GRAM tokens provides ownership on a 1:1 basis of one fine troy ounce of gold on a physical bar of gold that meets the Good Delivery standard of the London Bullion Market Association (LBMA).
Our technology provides access to a gold-backed stablecoin that enables ownership of physical gold while avoiding the drawbacks associated with handling, managing, and transferring physical gold.
Note: GRAM tokens can be fractionated up to six decimal places (i.e. equivalent to 0.000001 g of LBMA physical gold).

  • GRAM tokens provide undivided ownership and redemption rights to physical gold from MGDG’s regulated branch offices in Singapore and Hong Kong.
  • As a GRAM token holder you enjoy ownership of physical gold while avoiding the drawbacks associated with handling, managing, and transferring physical gold.
  • GRAM tokens are also available on markets operating 24 hours a day, seven days a week so even when the traditional markets for gold are closed, it’s still possible to buy or sell GRAM tokens.
  • With GRAM tokens you have the possibility to redeem them for physical gold or sell them back to MGDG for fiat currency.

The GRAM token will be available for purchase and redemption via the GRAM platform, subject to all applicable Know-Your-Customer (“KYC”) and Anti-Money Laundering (“AML”) procedures being duly completed.

Purchasers of the GRAM token can expect to be able to purchase GRAM tokens in exchange for:

  • Bank Deposit
  • Credit Card
  • Digital Assets

GRAM tokens will initially be available as an ERC-20 token on the Ethereum blockchain, but is also expected to be available on TRON, Polygon, Solana, and other major blockchain protocols.

The minimum purchase for GRAM is 1 gram of LBMA physical gold. Another unit of measure for gold is the troy ounce, and equivalent to approximately 31.1 grams of gold. GRAM token prices will be provided in both grams and troy ounces. MGDG Pte. Ltd. is part of a larger consortium of licensed and regulated gold trading firms, and can support smaller purchases of LBMA physical gold. However, minimum physical redemption amounts will apply for logistical efficiency.

GRAM tokens will be redeemable for LBMA Good Delivery specification physical gold at any of MGDG’s gold redemption centers in Singapore or Hong Kong. After you have redeemed your GRAM tokens, you can also elect to sell that gold back to MGDG, and receive the cash proceeds from selling that gold (less any applicable fees).

The minimum redemption amount is 1,000 grams, equivalent to a 1 kilogram LBMA Good Delivery specification gold bar. Physical gold bars can be picked up by appointment in secure vaults located in Singapore or Hong Kong. An additional 15 global collection centers are being added to the GRAM platform progressively.

Unlike physical gold reserves which incur custody costs, GRAM tokens benefit from a comprehensive and well-established network of regulated gold dealers, custodians, and trading platforms in Hong Kong and Singapore.

With a 30-year track record, our consortium ensures ample liquidity so GRAM token holders do not incur custody fees for holding and investing in LBMA gold reserves.

GRAM incentivizes long-term investments in gold and holding GRAM tokens can be more rewarding than just from the capital appreciation of gold against fiat currencies. GRAM token holders receive a portion of all transfer fees from GRAM token transfers.

“Gold Dust” or “GD” rewards long-term holders of the GRAM with a portion of every GRAM token transfer.