Headline: Dogecoin Gold? Dogecoin Cash Plans Nanogram-Precise Token Backed by Physical Gold
Dogecoin Cash Inc. said Thursday it is developing “Dogecoin Gold,” a token designed to tie digital units to physical gold held by an independent, institutional-grade custodian. The proposed framework would mint tokens only when verified gold is placed into custody and remove tokens from circulation when that metal is redeemed, aiming to combine blockchain auditability with real-world asset ownership.
“We are evaluating a framework that seeks to integrate verifiable ownership of physical gold with blockchain-based auditability and precision,” the company said. Management added the objective is to test whether a structure can be created where real-world assets, mathematically defined units, and transparent digital infrastructure operate in a disciplined and verifiable environment.
A distinctive technical claim: Dogecoin Cash says it plans to tokenize gold with nanogram-level precision, allowing one billion tokens to represent one gram of physical gold. Full technical documentation has not yet been released.
Tokenized gold is already an established market—Tether’s XAUT (about $2.7 billion) and Paxos’s PAX Gold (nearly $2.4 billion) are the largest examples and are denominated in ounces tied to the price of physical gold. Demand for these products has jumped recently as gold pushed to new all-time highs.
Dogecoin Cash’s announcement borrows the “Dogecoin” name from the original meme coin but the company is not formally affiliated with the Dogecoin protocol or its creators. The firm, formerly known as Cannabis Sativa Inc., pivoted and rebranded in late 2024 after originally focusing on telehealth and cannabis products. It had accumulated treasuries of the BNB Chain meme token Dogecoin Cash (DOG) and later said it would also hold a separate treasury of the original Dogecoin (DOGE). Decrypt contacted Dogecoin Cash for further details and did not immediately receive a response.
For context, Dogecoin (DOGE) remains the largest and longest-running meme coin with a market cap north of $15 billion. DOGE traded higher Friday—up about 5% and above $0.10—following a broader market move tied to the reopening of the Strait of Hormuz, reaching its highest level in roughly a month.
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