> For the complete documentation index, see [llms.txt](https://vnx.gitbook.io/vnx-platform/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://vnx.gitbook.io/vnx-platform/vnx-gold/executive-summary.md).

# 📘 Executive Summary

**VNX Gold token** is a blockchain token that represents ownership of specific physical gold bars purchased and stored in the VNX Gold holder’s name in a highly secured professional vault in the Principality of Liechtenstein.

Each VNX Gold token holder is the only lawful owner of the gold subject to successful registration, identification, and passing anti-money laundering checks on the VNX Platform.

**1 VNX Gold token = 1 gram of gold.**

There is no ultimate VNX Gold supply limitation because the number of VNX Gold tokens generated is driven by the demand from clients. There is also no maturity period for VNX Gold tokens. VNX Commodities AG does not have a redemption right, call option, or anything similar regarding VNX Gold tokens.


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