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Fort Knox gold audit concerns fuel tokenization debate

February 18, 2025, 5:58 PM
Calls for a Fort Knox gold audit after 50 years of no review have sparked discussions on tokenizing gold for transparency. NexBridge COO Michele Crivelli sees blockchain as a solution for real-time verification of gold reserves, following the rise of tokenized U.S. Treasurys. The issue gained momentum after Elon Musk's Department of Government Efficiency (DOGE) raised transparency concerns, prompting Senator Rand Paul to push for an audit. According to Cointelegraph, Polymarket traders estimate a 50% chance of it happening by May.

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