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Dragon Reserve

Part of Dragonchain

Hold gold. Prove it. Show nothing.

A gold account where anyone can verify the reserves and no one can see your balance.

Join the waitlist
Read the whitepaper

Reserve Seal · epoch 48,213

Gold owed to holders
1,618.034 kg
Gold in the vaults
1,652.400 kg
Reserve ratio
102.1%
Your balance
hidden
Reserve Seal valid

This is what the world sees. Totals and proof, no names, no balances.

Preview with illustrative data. Live at launch.

  • Built on Dragonchain
  • Started inside Disney in 2014†
  • Verified by Dragon Net
  • Checkpointed on Bitcoin and Ethereum

The problem

Gold makes you choose.

Trust a custodian you can't check, or put your balance on a chain where anyone can watch it.

  • Custodial gold

    Private, but blind.

    Your balance is private. Whether the gold exists, isn't lent out and covers everyone is something you take on faith.

  • Tokenized gold

    Verifiable, but exposed.

    Anyone can check the supply. Anyone can also see your balance and every move you make, forever.

  • Dragon Reserve

    Verifiable and private.

    The reserves are public. Your balance is yours. Proof replaces trust.

Why now

  • gold demand in 2025, a record

    5,002 tonnes

  • bought by central banks in 2025

    863 tonnes

  • all-time highs for gold in 2025

    53

Source: World Gold Council, Gold Demand Trends: Full Year 2025 (opens in a new tab)

How it works

Four layers. One promise.

Only totals and proofs ever leave the private ledger. Balances, names and transfers stay inside.

  1. Allocated gold bars sit in independent, insured vaults. Every bar is listed in public: serial, refiner, weight and fineness.

    • DR-000101: Fine weight 12.441 kg, Fineness 999.9
    • DR-000102: Fine weight 12.541 kg, Fineness 995.0
    • DR-000103: Fine weight 12.372 kg, Fineness 999.9
    • DR-000104: Fine weight 11.956 kg, Fineness 999.9
    • DR-000105: Fine weight 11.881 kg, Fineness 995.0

  2. Your balance lives on a private Dragonchain ledger as a commitment, a sealed envelope for a number. Nothing moves without your signature.

  3. Every update produces a proof that the gold in the vaults covers the gold owed to every holder. Your app checks that you're counted.

    L ≤ R

  4. Dragon Net verifies each block without reading it, then checkpoints it on Bitcoin and Ethereum. History can't be rewritten.

    Bitcoin, Ethereum: 212be06e56…5951cd

See the full architecture
Preview with illustrative data. Live at launch.

How it works

Four layers. One promise.

Only totals and proofs ever leave the private ledger. Balances, names and transfers stay inside.

  1. Layer 01 · Metal

    The Reserve

    Allocated gold bars sit in independent, insured vaults. Every bar is listed in public: serial, refiner, weight and fineness.

    • DR-000101: Fine weight 12.441 kg, Fineness 999.9
    • DR-000102: Fine weight 12.541 kg, Fineness 995.0
    • DR-000103: Fine weight 12.372 kg, Fineness 999.9
    • DR-000104: Fine weight 11.956 kg, Fineness 999.9
    • DR-000105: Fine weight 11.881 kg, Fineness 995.0
    Preview with illustrative data. Live at launch.

  2. Layer 02 · Ownership

    The Ledger

    Your balance lives on a private Dragonchain ledger as a commitment, a sealed envelope for a number. Nothing moves without your signature.

  1. Layer 03 · Proof

    The Seal

    Every update produces a proof that the gold in the vaults covers the gold owed to every holder. Your app checks that you're counted.

    L ≤ R

  2. Layer 04 · Permanence

    The Anchor

    Dragon Net verifies each block without reading it, then checkpoints it on Bitcoin and Ethereum. History can't be rewritten.

    Bitcoin, Ethereum: 212be06e56…5951cd

    Preview with illustrative data. Live at launch.
See the full architecture

The Seal

Prove it. Without showing it.

A Seal proves one fact about your gold, like "holds at least 100 g", and nothing else. Share it as a link or a QR code.

Your balance · only you see this

hidden

The fact to prove

Demo only. No real data leaves your browser.

Preview with illustrative data. Live at launch.

  • 01

    Reserve Seal

    Solvency, for everyone. Published on every ledger update.

  • 02

    Inclusion Seal

    Proof that you're counted. Checked by your app, automatically.

  • 03

    Holder Seal

    One fact, shared on your terms. It expires, and it can't be forwarded.

  • 04

    Audit Seal

    Exactly what a named auditor or regulator may see, and nothing more.

How the Seal works

Public reserve

Check the vault. Anytime. No login.

The gold owed to all holders, the gold in the vaults, every bar, and the latest public checkpoint, updated with every ledger block.

Preview with illustrative data. Live at launch.

Gold owed

1,618.034 kg

Gold in vaults

1,652.400 kg

Reserve ratio

102.1%

Operating buffer

2.1%

Reserve ratio, last 30 days

From 15 Sep 2026 to 14 Oct 2026. Lowest 102.12% on 14 Oct 2026, highest 102.46% on 17 Sep 2026, latest 102.12%. Above 100% backing on every day.

Reserve ratio, last 30 days
DateRatio (%)
15 Sep 2026102.46%
16 Sep 2026102.46%
17 Sep 2026102.46%
18 Sep 2026102.45%
19 Sep 2026102.44%
20 Sep 2026102.40%
21 Sep 2026102.38%
22 Sep 2026102.38%
23 Sep 2026102.37%
24 Sep 2026102.36%
25 Sep 2026102.33%
26 Sep 2026102.30%
27 Sep 2026102.29%
28 Sep 2026102.26%
29 Sep 2026102.22%
30 Sep 2026102.20%
1 Oct 2026102.19%
2 Oct 2026102.19%
3 Oct 2026102.19%
4 Oct 2026102.19%
5 Oct 2026102.19%
6 Oct 2026102.19%
7 Oct 2026102.18%
8 Oct 2026102.19%
9 Oct 2026102.20%
10 Oct 2026102.21%
11 Oct 2026102.21%
12 Oct 2026102.19%
13 Oct 2026102.17%
14 Oct 2026102.12%

Every bar we hold.

Every bar we hold. Showing 5 of 165 bars
SerialRefinerFine weightFinenessVault
DR-000101LBMA-accredited refiner12.441 kg999.9Vault city to be announced
DR-000102LBMA-accredited refiner12.541 kg995.0Vault city to be announced
DR-000103LBMA-accredited refiner12.372 kg999.9Vault city to be announced
DR-000104LBMA-accredited refiner11.956 kg999.9Vault city to be announced
DR-000105LBMA-accredited refiner11.881 kg995.0Vault city to be announced

Last public checkpoint

  • Bitcoin

    block 9, hidden

    78faa61f…3a859b

  • Ethereum

    block 2, hidden

    f49ad361…8015a5

Open the public reserve

Privacy

Private, not anonymous.

The world checks the totals. Only you, and anyone you choose, see a balance.

Totals, bars and history. Never a balance.

View as: The public
InformationWhat this viewer sees
Total gold owed to all holdersVisible
Gold in the vaults, bar by barVisible
Integrity of the ledger historyVisible
One holder's balanceHidden
Who sent gold to whomHidden
IdentityHidden
Information · The public, Dragon Net, Dragon Reserve, You, Someone you choose
InformationThe publicDragon NetDragon ReserveYouSomeone you choose
Total gold owed to all holdersVisibleVisibleVisibleVisibleVisible
Gold in the vaults, bar by barVisibleVisibleVisibleVisibleVisible
Integrity of the ledger historyVisibleVisibleVisibleVisibleVisible
One holder's balanceHiddenHiddenVisibleYour ownOnly the fact in a Seal
Who sent gold to whomHiddenHiddenVisibleYour own transfersOnly through an Audit Seal
IdentityHiddenHiddenVisibleYour ownOnly "verified holder"

Dragon Reserve knows its customers, as any regulated gold account must, and keeps that knowledge to itself. Holder data is never sold or used for advertising.

Your gold

Five moves. All yours.

Buy gold

10.000 g

Spot + 0.50% spread

hidden
Confirm

Quote valid for 8 s

Your gold

128.400 g

hidden
Counted in epoch 48,213

Recent

  • Bought 10 g
  • Sent 2 g
  • Seal created

Send gold

@lizette
2.000 g

The amount is hidden from the world

Send

New Seal

Holds at least 100 g

  • Landlord
  • 7 days
Create Seal

Redeem

  • Sell to stablecoins
  • 100 g bar
  • 1 oz coins

Delivery and insurance at cost

Preview with illustrative data. Live at launch.

The Hatchery

Launches without the snipers.

Sealed bids, one clearing price, and a gold-backed treasury anyone can verify. You get in with a Seal, not an exposed wallet.

Snipers and bots
A sealed-bid batch auction with one price for everyone
Whale watching
Private allocations, public totals
Treasuries that vanish
A gold Treasury Vault with its own Reserve Seal
Farmed allowlists
Access by Holder Seal
Teams that walk away
Verified teams, with vesting enforced on the ledger
Get notified for the first hatchExplore the Hatchery
Sealed bids
40
Total demand
hidden0.0×the sale

Simulation. Every bid stays sealed; only totals and the price are revealed.

Preview with illustrative data. Live at launch.

Heritage

Started in 2014. Built for this.

Dragonchain began inside Disney with one idea: keep data private and prove it in public. Dragon Reserve is that idea, made for gold.

  1. Work begins inside The Walt Disney Company as the Disney Private Blockchain Platform

  2. Disney open-sources the platform

  3. Dragonchain launches as an independent company

  4. The SEC dismisses its case against Dragonchain, with prejudice (opens in a new tab)

  5. Dragon Reserve begins

Dragon Reserve is part of the Dragonchain ecosystem. Not affiliated with, endorsed by or sponsored by The Walt Disney Company.

Read the heritage

Roadmap

Each phase opens when its gate is met.

  1. Phase 1: Awakening

    Now
    • Rebrand and return
    • The whitepaper
    • Partners chosen

    Gate: Custodian and auditor signed

  2. Phase 2: The Vault

    • Custody goes live
    • Private beta, capped
    • Reserve Seal live

    Gate: Proofs pass independent review

  3. Phase 3: The Seal

    • Public launch
    • Transfers and Seals
    • Bars and coins

    Gate: Legal review of launches done

  4. Phase 4: The Hatchery

    • Sealed-bid launches
    • Treasury Vaults
    • Seal-gated access

    Gate: Second custodian signed

  5. Phase 5: Expansion

    • Second vault
    • More countries
    • More metals
    • Business API

Dates follow partner signing. We'll publish them, not promise them.

FAQ

Questions, answered.

Every gram on the ledger is matched by allocated bars in independent, insured vaults. The bar list is public, custodians sign it at least daily, an independent auditor counts the bars at least twice a year, and the Reserve Seal proves on every update that the vaults cover everything owed.

You, and anyone you share a Seal with. Dragon Reserve can see it too, because it runs your account and must follow the law. The public, Dragon Net and other holders can't.

No. Every transfer, sale and redemption needs your device signature, and your app keeps signed receipts, so any wrong change is provable.

The bars stay held for holders under the custody structure, and the last anchored ledger state shows what each holder is owed. Holders redeem through the custodian or a successor administrator.

No. Paying interest on gold means lending it out, and reserve gold is never lent.

Yes. Order bars or coins from 100 g. Fabrication, delivery and insurance are charged at cost.

Indicative fees: a 0.50% spread each way and 0.12% a year for storage. Sending gold and creating Seals are free. The final schedule is published before launch.

No. Your balance is a record of grams of allocated gold on a private ledger, backed one to one by bars in the vault.

The ledger runs as a Dragonchain business chain. Dragon Net verifies every block and checkpoints it on Bitcoin and Ethereum.

The private beta opens in Phase 2, once custody and audit partners are signed. Join the waitlist to get in early.

Availability depends on local rules. We'll roll out country by country and tell the waitlist first.

Every coin counted. None of them shown.

Join the waitlist and be first in when the private beta opens.

Interests

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