Crypto-friendly DBS Financial institution stated it should begin providing tokenized gold buying and selling to its retail prospects within the second half of 2026.
DBS stated it should checklist the product, referred to as DBS Bodily Gold Tokens, on its digibank platform and can also be contemplating making it obtainable on the DBS Digital Trade (DDEx), which is tailor-made for accredited buyers and establishments.
The financial institution will tokenize, challenge, distribute and handle the bodily gold tokens solely in-house, backed by trusted bank-grade infrastructure. Every token is backed by 1 gram of bodily gold held by DBS in a devoted vault in Singapore, the financial institution stated in an announcement.
The transfer builds on a rising pattern in the direction of blockchain-based variations of actual world property (RWAs). The dimensions of bodily gold holdings within the portfolios of rich purchasers of DBS has greater than doubled over the previous three years.
In 2025, DBS tokenized structured notes on Ethereum and listed sgBENJI, the token of Franklin Templeton’s tokenized cash market fund, alongside the Ripple’s RLUSD dollar-pegged stablecoin.
“Whereas our retail buyers have been in a position to purchase gold funds, entry to bodily gold has been largely obtainable to solely institutional and accredited buyers,” stated James Tan, the pinnacle of DBS’ funding product and advisory unit. “DBS has supplied bodily gold investments to wealth purchasers since 2013, and we are actually leveraging tokenisation to broaden entry, enabling extra retail prospects to put money into gold in a secure and significant method.”
