Perth Mint Gold Token (PMGT)
The Perth Mint Gold Token (PMGT) is being discontinued. You can find more detailed information and regular updates on the orderly wind down on the PMGT website pmgt.io.
How is PMGT backed by physical gold?
The Perth Mint is the custodian of the physical gold which ultimately backs each PMGT. Each token is backed 1:1 by a GoldPass digital gold certificate issued by The Perth Mint. Each digital gold certificate is in turn 100% backed by physical gold stored by us.
Trovio GoldPass holdings
The Perth Mint confirms the current volume of GoldPass digital gold certificates held by Trovio in the following table:
The Government of Western Australia exclusively guarantees the gold held by The Perth Mint which underlies all GoldPass certificates*.
* For the avoidance of doubt, The Perth Mint does not guarantee the Trovio-issued PMGT or Trovio’s operation of PMGT on the blockchain. It only guarantees the gold securely held by The Perth Mint, which underlies all GoldPass certificates.
