Bhutan’s DK Bank operates under licenses from both the Royal Monetary Authority of Bhutan and the Gelephu Mindfulness City Authority.
Bhutan’s DK Bank transferred 20kg of physical gold from its Dubai vault to a high-security facility in Paro on 21 February to honour the birthday of the King of Bhutan.
This move is designed to provide proof of gold for holders of the TER Gold Token, a digital asset distributed by DK Bank where each token represents 0.01 grams of fine gold. The local transfer serves as a symbolic bridge between digital innovation and physical reality.
“Many people still find it hard to believe that a digital token represents a physical asset,” said DK Bank CEO Ugyen Tenzin. “Moving 20kg of gold into the Kingdom is a symbolic step to show our customers that when they buy TER, they are buying real, physical gold.”
This shipment is expected to be the first of many as the bank strengthens local reserves. TER holders can trade their digital holdings for physical 20g coins or 1kg gold bars from the end of March 2026. Over 100,000 Bhutanese citizens currently own TER digital tokens in addition to 100 foreign investors.
The transfer also supports the broader vision of Gelephu Mindfulness City to create a financial ecosystem centered on mindfulness, sustainability, and innovation.
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