Singapore bank DBS to offer tokenized gold to retail customers
DBS Bank will launch tokenized gold trading for retail customers in the second half of 2026. The product, DBS Physical Gold Tokens, will be available on the digibank platform and may also be offered on the DBS Digital Exchange for accredited investors and institutions. DBS will handle token creation, issuance, distribution, and management in-house. Each token will represent 1 gram of physical gold stored in a dedicated Singapore vault. The launch reflects broader growth in blockchain-based real-world asset products. DBS says demand has risen, with physical gold holdings among wealthy clients more than doubling over the past three years. The bank has already expanded its tokenization efforts in 2025 with structured notes on Ethereum and listings tied to tokenized money market and stablecoin products.
