Founded in December 2014, DigixDAO (DGD) is a decentralized autonomous organization (DAO) based in Singapore. Its main focus is on tokenizing physical assets using blockchain technology. DigixDAO provides the necessary infrastructure for creating tokens that are backed by real-world assets. This allows for transparent verification of an asset's existence through its Proof of Provenance (PoP) protocol, which utilizes the Ethereum network and the Interplanetary File System (IPFS). Additionally, Digix offers an API that enables the development of applications on top of its asset tokenization service. Digix has two cryptocurrencies, Digix Gold (DGX) and DigixDAO (DGD). The company sources its gold from LBMA-approved refiners and ensures security through third-party auditing from Bureau Veritas. Notably, the DGD crowdsale in March 2016 was the first major DAO hosted on the Ethereum network.