Meanwhile, DBS has also announced that it is launching a token for physical gold aimed at retail investors in the second half of 2026.
Tokenisation is the process of converting sensitive information or real-world assets into secure digital units called tokens. Digital gold or tokenised gold products have sprouted in Singapore, with some covered previously in The Edge Singapore. More recently, the OCBC-LionGlobal Physical Gold Fund token or GOLDX was launched by OCBC.
Steven Hu, head of digital assets at OCBC, tells The Edge Singapore that GOLDX targets Web3 institutional and accredited investors who hold significant underutilised capital in stablecoins across Asia and are searching for “on chain wealth management products with institutional governance and safeguards”.
