Dogecoin Cash plans to develop the gold-backed token Dogecoin Gold, with 1 billion tokens pegged to 1 gram of gold.

Foresight News reports that Dogecoin Cash, Inc. announced it is advancing the development of “Dogecoin Gold,” a blockchain-based digital asset framework linking tokens to physical gold reserves. Each token will represent a nanogram-level of physical gold and will be held by independent, institutional-grade precious metal custodians. Under this framework, 1 billion tokens will correspond to 1 gram of physical gold, with the redemption mechanism built around whole-gram units. Token issuance is expected to be directly pegged to physical gold reserves, with tokens only created when gold is deposited into custody and removed from circulation once redemption is verified.

Currently, the Dogecoin Gold initiative remains in the development and evaluation phase. No tokens have been issued yet, and the final technical structure, custody arrangements, regulatory treatment, and launch time are yet to be determined. A white paper detailing the technical specifications and conceptual framework is being prepared and is expected to be published on the company’s official website.