Perth Mint Gold Token (PMGT) is a blockchain token developed and issued by Trovio, each unit representing 1 fine troy ounce of physical gold securely stored in The Perth Mint's central bank grade vaults. It is based on GoldPass, The Perth Mint‘s full-service gold investment platform that digitises physical gold in the form of digital certificates. PMGT offers a tokenised version of GoldPass certificates on the Ethereum blockchain as an ERC20 token. The tokens are 100% backed by GoldPass certificates issued by The Perth Mint, the world's largest refiner of newly mined gold that produces some of the world’s highest quality bullion. GoldPass certificates are fully backed by physical Perth Mint gold, with the weight and purity of every ounce guaranteed by the Government of Western Australia.