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RWA / Tokenized

Tokenized Gold

Allocated gold held through a tokenized wrapper with monthly vault attestations. Beta to gold, plus wrapper risk.

LiveR2
NAV
111.90
30D
+2.30%
90D
+6.70%
YTD
+17.20%
ITD
+21.40%
MDD
-5.20%
Sharpe
1.41
AUM
$6.10M
Min
$1,000.00
Lockup
3d

Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.

Kenji Mori

Duration and tokenized T-bill sleeves. Conservative by construction.

6P

Philosophy

Gold is a rate view; the token is only the rail.

Process

Fully allocated, no leverage, redemption window weekly, attestation monthly.

People

Mandala Digital Partners

Portfolio

XAU · PAXG

Parent

Hong Kong / Dubai

Performance

YTD 17.20% · MDD -5.20%

Equity path

Monthly returns

04
+1.8%
05
+1.4%
06
+1.2%
07
+3.1%
08
+1.0%
09
+1.1%
10
+1.9%
11
+0.9%
12
+3.3%
01
-0.2%
02
-0.0%
03
+1.7%
04
+3.5%
05
+3.4%
06
+0.0%
07
+1.4%
08
+0.4%
09
+3.0%

Fees

Subscription
0%
Redemption
0.1%
Management
0.4%
Performance
0%
Copy fee
8%

Suitable: A gold sleeve for books that already hold cash-like.

Not suitable: Traders who want leveraged gold.

Linked vault

Tokenized Gold

TVL
$6.10M
30D
+2.30%
MDD
-5.20%
Open vault

Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.

Community & manager updates

The manager's market reads, rebalance records and monthly letters, alongside depositors' discussion. All simulated.

Discussion

8 posts · 6 replies · 8 participants · Last activity 3 Sept 2026

Every post here is simulated; none of it is advice.
  • Kenji MoriManagerMarket readPinned
    5 Sept 2026via iPhone

    Attestation published for Tokenized Gold: fully allocated, no leverage, redemption window as scheduled. Wrapper risk is real and stated on the factsheet.

    • Helix TradingDepositor · 2026-015 Sept 2026

      Sized this at a few percent of NAV next to cash-like. The 3-day lockup keeps me from doing anything stupid.

    • Nimbus OAAnalyst5 Sept 2026

      Checked this against the fills. Consistent with the letter.

  • BeaDepositor · 2026-03Question
    3 Sept 2026via Web

    How would you size Tokenized Gold inside a book that already holds $Orbit Liquidity Provider (OLP)$ as ballast?

    • Kenji MoriManager3 Sept 2026

      Both are ballast, so split by liquidity need: OLP redeems in 3 days, this sleeve in 3. Keep the part you might need sooner in OLP.

  • Kenji MoriManagerRebalance
    3 Sept 2026via Web

    Scheduled rebalance, largest moves listed.

    MarketSideFillWeight
    XAUshort2,466.5819.0%→12.0%
    PAXGshort2,484.0549.0%→53.0%
    Rebalanced 3 Sept 2026
  • Ben (short vol)Depositor · 2026-06Question
    1 Sept 2026via iPhone

    What does the worst week look like for Tokenized Gold? The published -5.2% max drawdown is a number, not a story.

    • Kenji MoriManager1 Sept 2026

      The -5.2% was a two-week episode with the stop doing its job on day nine. The story is on the factsheet under Process; the fills are on-chain.

  • Kenji MoriManagerMonthly letter
    31 Aug 2026via Web

    August letter for Tokenized Gold: +2.3% for the month, intramonth drawdown inside budget, no rule changes. Fees and lockup unchanged: 0% performance, 3-day lockup. Full attribution is on the factsheet.

    • Helix TradingDepositor · 2026-0131 Aug 2026

      Attribution before excuses. Thank you.

  • PorticoDepositor · 2026-02
    29 Aug 2026via Web

    Redeemed 20% last month for a tax bill and it paid T+1 after the 3-day lockup, exactly as written. Re-depositing next week.

    • Desk AlphaDepositor · 2025-1229 Aug 2026

      Agree, and the fills match the published book, which is the only thing I actually check.

Trading involves risk. Past performance is not indicative of future results. Vault NAV can rise or fall.

Manager · Mandala Digital Partners

Duration and tokenized T-bill sleeves. Conservative by construction.

Official posts
4
Replies
2
Last post
5 Sept 2026
Attestation published for Tokenized Gold: fully allocated, no leverage, redemption window as scheduled. Wrapper risk is real and stated on the factsheet.
All vaults by this manager

Latest rebalances

Fills and weight changes the manager published

MarketSideFillWeight
XAUshort2,466.5819.0%→12.0%
PAXGshort2,484.0549.0%→53.0%
Rebalanced 3 Sept 2026

Insights

This is a product demo, not an offer or solicitation. Segregation, custody and licence marks are illustrative. Past performance is not future performance.

Institution names are illustrative, not real licence holders.