Crypto
Gold-Backed Tokens Secure Solana Staking
Flowra and Korea Gold Exchange Digital Asset (KorDA) have formed a partnership to explore using gold-backed digital tokens as collateral for securing Solana (SOL) tokens delegated to network validators.
The initiative aims to leverage the growing $6 billion tokenized gold market to unlock capital for blockchain operations rather than letting these assets remain idle.
Under this agreement, Flowra will provide Solana infrastructure, while KorDA will manage validator operations. The companies plan to launch a delegation program in 2026 after regulatory assessments.
The project remains subject to regulatory approval and legal compliance before full rollout.