**[Swiss Precious Metals Giant MKS PAMP Plans to Relaunch Its Gold Token Project]** BlockBeats News, November 20, according to Bloomberg, Swiss precious metals giant MKS PAMP SA plans to relaunch its gold token project after its initial attempt to issue gold tokens six years ago faced setbacks. The company aims to capitalize on the growing market interest in digital physical gold by acquiring Gold Token SA to restart its digital gold initiative. MKS PAMP was one of the participants in the initial launch of the DGLD token in 2019, a collaborative project that also included CoinShares International Ltd. MKS PAMP CEO James Emmett stated that the launch at the time was "too early," and the token has remained largely dormant for years. The relaunch will involve the company’s trading division purchasing tokens itself and providing liquidity on trading platforms. MKS PAMP will issue DGLD tokens exclusively to certified institutions, which can then sell the tokens on secondary cryptocurrency trading platforms. The issuance and trading mechanism will be similar to other gold tokens. According to the company, the tokens can be redeemed for physical gold in denominations as small as 1 gram.