Gold Tokenisation and Instant Cross-Border Settlement for Africa and Europe, Enabled by Ubuntu Tribe and Global Settlement Holdings Inc. Partnership 

Andrew Chen
Ubuntu tribe

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  • Collaboration will deliver stablecoin‑based FX, CBDC‑ready rails, and compliant, mobile‑first user experiences
  • Partnership will support African governments and central banks with permissioned, compliance‑first CBDC sub‑networks
  • The partnership will reduce settlement times from days to seconds

December 10, 2025 — Global Settlement Holdings Inc. (also known as Global Settlement Network and GSX) today announced a strategic partnership with Ubuntu Tribe to enable the tokenization of gold and other real‑world assets, bringing over $5 billion of gold on-chain. GSX’s institutional blockchain infrastructure and Ubuntu Tribe’s gold‑backed digital asset platform will power real‑time cross‑border payments and support CBDC initiatives. The partnership will establish rigorous, multi-jurisdictional compliance across African markets and the EU. 

GSX and Ubuntu Tribe will establish an interoperable digital asset and payments framework that reduces reliance on slow correspondent banking. Currently, sending $200 to Sub‑Saharan Africa still costs around 8% on average, and one‑third of cross‑border retail payments take more than a day to settle, totaling $96.4 billion into Africa in 2024. This framework will significantly improve settlement speeds and reduce FX friction for SMEs, exporters, and diaspora communities. 

Building on Ubuntu Tribe’s GIFT token, the collaboration will expand gold‑backed savings and investment products, bringing value to individuals and entire communities. Through a European VASP license and LBMA‑aligned custody, Ubuntu Tribe enables fractional ownership from 1 mg, giving everyday consumers mobile access to regulated, auditable gold—already surpassing $10 million in transaction volume, with continued growth anticipated.

GSX’s fully reserve‑backed stablecoin (SDGX) and a universal stablecoin framework will enable instant FX swaps and liquidity pools – reducing settlement times from days to seconds for businesses and diaspora remittances.

Within the 12 months, a pilot implementation will be launched for gold traceability and a cross‑border FX corridor. The pilot will also explore integration with regulated sandbox environments in priority African markets. In the next two years, GSX and Ubuntu Tribe will scale, publicly releasing programmable gold tokens and establishing stablecoin FX liquidity pools. By 2028, this will expand to institutional bodies, with government integrations and regulatory alignment. 

GSX’s partnership with Ubuntu Tribe will further African markets as they increase their adoption of blockchain technologies. The collaboration will support local governments and central banks with permissioned, compliance‑first CBDC sub‑networks and asset‑backed national stablecoins. 

“By fusing traceable, gold‑backed savings with instant, compliant settlement, we’re bringing everyday users—from farmers to SMEs—into the same efficient financial fabric as institutions,” said Mamadou Kwidjim Toure, Chief Executive Officer of Ubuntu Tribe.

“Through advancements in blockchain, we can empower the entire continent of Africa, utilising the technology to provide a level of independence and speed not seen before. GSX was engineered for public‑private collaboration at a national scale. Together with Ubuntu Tribe, we can accelerate cross‑border commerce, FX liquidity, and CBDC readiness on infrastructure regulators can trust,” said Ryan Kirkley, Chief Executive Officer of Global Settlement Holdings Inc.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.

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