Who needs this tokenized Gold? You can just buy gold jewelry and gold coins. Gold at >$4k per troy ounce, the amount of value you could easily store in a small space is quite high. Up to $100k in gold is quite feasible. Is the Tokenized gold for the person who wants millions in gold? Those people buy GLD in their Charles Schwab. Even then at a stretch $1m in gold is 7-8kg. You'd need a really good safe though. Then if you want Billions in Gold you are probably a Central Bank and will 100% self custody your bars in your own vaults.