ICE Opens London Gold Futures Market as Tokenized Gold Stays Tied to Vaults

• —ICE launched XAU Gold Daily Futures for 100 troy ounces, physically settled via Loco London vault accounts
• —London handles over $180 billion in daily OTC gold transactions, with vaults holding 9,632 tonnes worth about $1.4 trillion
• —PAXG is backed by London Good Delivery gold in LBMA-accredited vaults, with redemption starting at 430 tokens
• —DNB moved 86 tonnes of gold to London, raising the city's share of Dutch reserves from 18.1% to 32.1%