swissgoldtoken.ch

What it is

SwissGoldToken (SGT) is an on-chain gold token issued by SwissGoldToken AG, positioned as an RWA asset that brings “real gold on-chain.” According to the page, each SGT represents 1 gram of LBMA-certified gold, with the physical gold stored in vaults in Zurich, Switzerland. The page discloses total vault holdings of 4,812 kg and 4,812,000 SGT issued, forming a 1:1 backing relationship. The company is based in Zug, Switzerland.

Core aspects

SGT uses the ERC-20 standard, is built on Ethereum, and lists bridges to Arbitrum and Base, making it suitable for on-chain transfers, DEX liquidity, DeFi collateral, and similar use cases. The purchase process requires a one-time KYC check in line with Swiss AML standards. Payment methods include CHF/EUR bank transfers or cryptocurrency. On the compliance side, the page mentions membership in the VQF self-regulatory organization, Swiss AML compliance, and gold custody handled by a FINMA-supervised custodian. In terms of security, the gold is LBMA-certified, segregated, fully insured, and covered by monthly proof reports from an independent auditor, with additional audits twice a year.

Pricing and fees

The page shows SGT/USD at USD 62.41 and SGT/CHF at CHF 56.18, alongside the XAU/USD price. For fees, it only states that joining the waitlist may provide reduced fees at launch; it does not disclose specific rates for buying, selling, redemption, on-chain transfers, or bridging. The minimum physical redemption amount is 100 SGT, equivalent to 100 grams of gold. Physical redemption can be delivered to Swiss addresses, with a 24-hour window.

Pros and cons

Its strengths are a clear gold unit, relatively high on-chain transparency, and a credible narrative combining Swiss custody, insurance, audits, and an AML/KYC framework. ERC-20 and multi-chain support also help with secondary-market activity and DeFi integration. The main drawbacks are that it is still at the waitlist stage, and key information such as supported exchanges, real liquidity, complete fee details, and redemption restrictions for non-Swiss users remains insufficient.

Who it is for and access from China

SGT is better suited to users who want gold exposure while also needing on-chain transferability and auditability, especially investors familiar with Ethereum and DeFi. The source text does not provide details on access from China; actual usability will depend on website connectivity, regional KYC restrictions, bank payment availability, and local regulatory requirements. Chinese users should also carefully compare SGT with more established alternatives such as PAXG and XAUT in terms of liquidity, compliance coverage, and trading channels.