Overview
- Dogecoin Cash laid out a framework that maps one billion tokens to one gram of vaulted gold with nanogram-level precision under an independent custodian.
- The company said tokens would be created only when gold is deposited and destroyed when holders redeem verified grams.
- The project is still under review with no tokens issued, no final technical or regulatory decisions, and no launch date, with a white paper in final preparation.
- Market coverage later reported that Dogecoin rose about 6% and closed above $0.10 after the plan drew attention.
- The firm is not tied to the Dogecoin protocol and rebranded from Cannabis Sativa Inc. in late 2024, entering a market already served by Tether’s XAUT and Paxos’s PAXG.