The first tokenized Goldback on Solana

On August 9, 2026, at 14:03 UTC, someone bought the first tokenized Goldback on Solana. Not a promise of one. Not a test token on a test network. A real Goldback, minted on mainnet, paid for in SOL, sitting in a wallet anyone can inspect.

That first order was 44 Goldbacks for 4.99 SOL. The transaction is public and permanent. You can read it yourself.

The receipt

Every Obsidian mint settles on Solana, so the record is on the chain rather than in a database we control. The first sale is transaction JW9nHYzz…of9Hc1 on Solscan. It shows the buyer's wallet, the 44 Goldbacks delivered, and the SOL paid, in one atomic transaction. Payment and delivery happened together or not at all.

The token itself lives at mint address 7SsUyCh…spb7Z. That address is the original whole-unit Goldback token. The day before the first sale, on August 8, it was created with a supply of zero. The first units entered circulation when a buyer minted them.

What a Goldback is

A Goldback is a physical note with real 24K gold embedded in it. One Goldback is 1/1000 of a troy ounce of gold. The Obsidian note names that same quantity. The company owes the quantity. The metal stays with the company. The note can be sent to another wallet. Sending the note does not send the metal.

What you can buy today

The Goldback note you can mint in the Obsidian app today uses the same unit, issued through the current fractional token at mint 7k5rijz…Bmmy. The fractional form lets you buy any amount down to a fraction of a Goldback instead of whole notes only. It is priced at the published Goldback rate. The company holds metal with Alpine Gold Exchange (AGX). The note is the company's obligation for that quantity. It is not title to the metal.

The chain records how many notes are outstanding. It does not check the vault before a mint. A direct read of the company's Alpine account is published in the app and labeled as the company's own read, not an audit. Redemption is not available yet. When it is, this note remains a claim for the quantity it names.

Why it matters

The metal stays where the company holds it. What moves is the note: a claim for a quantity, sendable to another wallet. August 9 was the first time that note was minted on mainnet. The claim is the same kind of claim today. Redemption of the metal is not available yet.