Bhutan is broadening its national blockchain strategy with a gold-backed token named TER. The project, led by Gelephu Mindfulness City and backed by the kingdom’s sovereign framework, will operate on the Solana network and be custodied and distributed by DK Bank, Bhutan’s licensed digital bank.

In its initial phase, TER will be available for purchase directly through DK Bank, blending traditional asset access with on-chain transparency. The issuer frames the token as a convenient, tokenized gold vehicle for international investors, combining familiar asset exposure with the benefits of digital custody and global mobility.

The initiative aims to provide a credible bridge between conventional value storage and blockchain-based finance, aligning with regulatory standards while promoting cross-border settlement. The move aims to support liquidity for gold-linked assets and broaden access to digital asset offerings through a licensed financial institution.