Summary: FasterCapital today announced that AeGold , a Dubai-based startup focused on gold trading and the development of a gold-backed stablecoin, has joined the EquityPilot program. The…
Dubai, United Arab Emirates & Dubai, UAE
FasterCapital today announced that AeGold, a Dubai-based startup focused on gold trading and the development of a gold-backed stablecoin, has joined the EquityPilot program. The engagement will concentrate on execution milestones that prepare AeGold to launch a transparent, auditable token backed by physical gold held in secure custody.
FasterCapital and EquityPilot will focus the first 30–60 days on refining the token technical scope, defining audit and custody workflows, and validating regulatory and compliance touchpoints to support a disciplined build-out.
Digital asset markets are evolving toward asset-backed tokens as investors seek stable, transparent alternatives to volatile native crypto assets. Regional demand in Dubai an established physical-gold trading hub creates a practical environment for tokenization models that link blockchain-native liquidity with audited physical reserves.
What the Startup Delivers?
AeGold is establishing a commodity trading business in the DMCC freezone and plans a gold-backed stablecoin where each token is redeemable for physical gold stored under audited custody. AeGold’s near-term activities include bullion trading to fund operations, minting physical gold coins for token holders, and developing smart contracts and oracle integrations for proof-of-reserves and peg maintenance.
Why Now?
Regulatory clarity in Dubai around virtual assets, combined with AeGold’s existing supplier relationships and refining and logistics plans, creates a timely opportunity to align physical-gold supply chains with tokenized digital instruments that aim to improve accessibility and transparency for investors.
What FasterCapital Will Provide?
– Hands-on execution support for token project scoping, prioritization, and milestone planning
– Technical review and introductions to blockchain engineers and smart contract auditors
– Guidance on compliance workflows, AML/KYC integration, and audit-readiness
– Connections to ecosystem stakeholders including custodians and potential exchange partners
Program Plan (first 30–60 days)
During the initial program period FasterCapital and AeGold will finalize the token specification, confirm custody and monthly audit processes, draft smart contract requirements, and complete a Technology and Operating Model (TOM) assessment aligned with VARA expectations. Work will emphasize measurable deliverables that reduce execution risk.
Leadership Comment
“Hesham Zreik, Founder and CEO of FasterCapital, said: ‘We’re excited to support AeGold through EquityPilot. Our team will focus on execution milestones and connecting the startup with the right ecosystem stakeholders.’”
Founder background
AeGold is led by Chris Berryman, an entrepreneur with experience launching new businesses and managing cross-border supply relationships in Africa. The company’s initial operations center on traditional bullion trading to generate cashflow, with logistics and refining handled via established Dubai refineries and secure vaulting options in the DMCC freezone.
Ecosystem relevance
Dubai’s prominence in global physical gold trade and its developing virtual-asset regulatory framework make it an appropriate jurisdiction for piloting a gold-backed digital token. AeGold’s plan to use monthly third-party audits and insured custody aligns with prevailing expectations for transparency in asset-backed stablecoins.
Next 90 Days
AeGold and FasterCapital will complete token technical design, select audit and custody partners, produce initial smart contract builds for security review, and prepare materials needed for subsequent pilot testing and exchange onboarding conversations.
About AeGold
AeGold is developing a gold-backed stablecoin and complementary bullion trading operations based in Dubai’s DMCC freezone. The company combines physical bullion sourcing, refining and vaulting with blockchain-based tokenization intended to provide transparent, redeemable digital exposure to physical gold.
About FasterCapital
FasterCapital is a global venture builder and online incubator dedicated to co-funding and co-founding innovative startups. Established in 2014, we are now #1 venture builder in terms of number of startups that we have helped, money invested and money raised. It supports startups worldwide through various programs, including funding assistance, business development, and technical support. The EquityPilot program is designed to help early-stage startups build scalable solutions with mentorship, strategic guidance, and network support.
