Kryptopriser -SPDR Gold Shares
gldon
SPDR Gold Shares
NOK 3,644.51
24h: -0.30%7d: -2.41%30d: -11.74%1y: 0.00%
NOK 3,644.51
Ondo Tokenized SPDR Gold Shares (OGLD) is a digital asset issued by Ondo Finance. It aims to provide investors with exposure to the price movements of gold through a tokenized representation of SPDR Gold Shares (GLD).
Each OGLD token represents an ownership interest in a corresponding share of the SPDR Gold Trust (GLD). GLD is an exchange-traded fund (ETF) that holds physical gold bullion. The value of OGLD is designed to track the value of GLD shares.
Ondo Finance facilitates the tokenization of GLD shares. This process involves purchasing GLD shares and then issuing OGLD tokens that are backed by these underlying assets. This aims to bring traditional financial assets onto blockchain networks, potentially offering increased accessibility and liquidity.
OGLD tokens can be held and transferred on compatible blockchain networks. This allows for potential fractional ownership and 24/7 trading, which may differ from traditional GLD share trading hours. The token is designed to offer a digital alternative for gaining exposure to gold's price performance.