Profile
GGBR profile facts
Goldfish Gold (GGBR) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg Gold.
- Collateral
- The issuer states that each GGBR represents 1/1000th of a troy ounce and that the GGBR Trust holds 1,000,000 troy ounces of in-situ Happy 2 gold in Pinal County, Arizona for token-holder beneficiaries. It claims NI 43-101 / S-K 1300 verification and roughly 40:1 coverage against 25,000,000 tokens; the underlying dated geological report, trust deed and title/lien records were not obtained from the reviewed public pages.
- Peg mechanism
- Issuer-targeted gold spot exposure at 1/1000th of a troy ounce per GGBR, supported by advertised oracle price feeds, managed liquidity and arbitrage. The redemption app advertises physical gold with a 1,000 GGBR minimum, 3% fee, KYC, and 5-7 business days of processing; the minimum and fee were confirmed at Ethereum block 26236714 on 2026-10-20. Shipping and insurance may cost extra, and processing is not a final delivery or USD-cashout guarantee. GGBR minting is issuer-controlled through the GoldfishTokenFactory; the deployed factory's gold-reserve verification and allocation checks are commented out, so its mint path does not enforce those reserve checks.
- Jurisdiction
- United States
- Proof of reserves
- Self-Reported PoR by Goldfish issuer collateral disclosure and live wallet/supply comparison; the reviewed page states 1,000,000 troy ounces of in-situ Happy 2 gold but does not publish a dated token-specific reserve-to-liability engagement or the underlying geological and title reports Reserve source
- Contracts
- 1 deployment tracked across Ethereum.
Source: Pharos registry profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier on this page.
GGBR quick answers
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What is Goldfish Gold (GGBR)?
GGBR is Goldfish Gold (I-On Digital) tracking 1/1000th of a troy ounce per token, with issuer-managed gold exposure and issuer-controlled mint/redeem contracts. The static profile records its Gold peg mechanism as: Issuer-targeted gold spot exposure at 1/1000th of a troy ounce per GGBR, supported by advertised oracle price feeds, managed liquidity and arbitrage.
Is GGBR safe?
As of Oct 25, 2026, Pharos grades GGBR D (47/100) on its Safety Score. Pharos's reviews record that the issuer or an admin can freeze individual holders' balances, and direct redemption is limited to customers the issuer has verified. That is a low-band grade, which flags significant structural risk. The grade moves as reserve, redemption, peg and control evidence changes; the live Safety Score on this page shows the current reading.
What backs GGBR?
Pharos records GGBR's reserves as of Sep 4, 2026 as 100% In-situ gold in Happy 2 mining claims held by GGBR Trust (1,000,000 disclosed troy oz). Reserve evidence: Self-Reported PoR. Pharos classifies the backing as Real-World Asset Backed.
Can GGBR be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded.
How do you redeem GGBR?
Under the route Pharos reviewed on Oct 20, 2026, customers the issuer has verified can redeem GGBR for physical metal, starting at 1,000 GGBR. Settlement takes multiple days. The reviewed redemption fee is 3%, before delivery and third-party costs. Whether a given holder qualifies is set by the route's own terms, not by this summary.
