Swiss precious metals firm MKS PAMP SA is set to relaunch its gold token project, aiming to tap into the increasing interest in digital physical gold. The company has acquired Gold Token SA to rejuvenate its digital gold initiative, initially launched in 2019 with the DGLD token in collaboration with CoinShares International Ltd. MKS PAMP CEO James Emmett acknowledged the initial launch was premature, leading to the token's dormancy. The relaunch will see MKS PAMP's trading arm purchasing tokens to provide liquidity on exchanges. The DGLD tokens will be issued exclusively to accredited institutions, who can then trade them on secondary cryptocurrency markets. These tokens are redeemable for physical gold, with a minimum exchangeable amount of 1 gram, aligning with the operational model of other gold-backed tokens.