Token Distribution

All minted XRBG tokens belong directly to their holders, who have complete freedom to buy, sell, and transfer them at will. Gold suppliers pay XRB DAO in XRBG for tokenizing their physical gold into the XRB Gold ecosystem. Consequently, ownership of the underlying gold can change instantly, based solely on the token holder's discretion and chosen recipient.

XRBG holders are the legal owners of the underlying gold that is held by XRBG Trust and can freely transfer or sell their tokens to anyone they choose.

As of August 30, 2024, 7,000,000 XRBG tokens have been minted. Initially, the bulk of these tokens are held by the owner of the tokenized gold, who may sell or transfer ownership of the gold at their discretion. XRBG tokens are either held by their respective owners or in custody of XRBG Trust via Legacy Vault Services STC B.V.