DBS Launches Tokenised Physical Gold for Retail Investors in Singapore
DBS Bank, Singapore's largest bank, announced it will launch tokenised physical gold for retail customers in the second half of 2026. Each digital token is backed by one gram of physical gold stored in a DBS vault, enabling fractional ownership, 24/7 trading, and near-instant settlement. The bank also plans to list the token on the DBS Digital Exchange for accredited investors. The move capitalizes on surging gold demand, with prices hitting a record $5,600 per ounce and gold surpassing US Treasuries as the world's largest reserve asset.
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DBS to Launch Tokenised Physical Gold for Retail Investors in Singapore
DBS, Singapore's largest bank, announced it will offer tokenised physical gold to retail customers, marking the first such offering in the country. The DBS Physical Gold Tokens will be available via DBS digibank in the second half of 2026, enabling fractional ownership, 24/7 trading, and near-instant settlement. Each token is backed by one gram of physical gold held in a dedicated vault in Singapore. The bank is also exploring listing the token on DBS Digital Exchange for accredited investors. The launch comes amid surging gold demand, with prices reaching an all-time high of $5,600 per ounce earlier in 2026. A European Central Bank report noted gold has overtaken US Treasuries as the world's largest reserve asset, accounting for 27% of global central bank reserves at end-2025.
Yahoo FinanceDBS brings tokenised physical gold to the mass market in Singapore
DBS Bank is launching a tokenised physical gold offering for retail investors in Singapore, scheduled to debut on DBS digibank in the second half of 2026. The bank will also list the digital asset on the DBS Digital Exchange for accredited and institutional investors. Each digital token is directly backed by one gram of physical gold stored in a dedicated DBS vault in Singapore, with investors retaining the right to redeem tokens for actual gold bullion. The platform operates 24/7 with atomic settlement for near-instant transactions. The launch capitalizes on a structural shift in global finance, as gold recently surpassed US government bonds to become the world's largest reserve asset, with gold prices hitting a record $5,600 per ounce. DBS aims to make physical gold investment more affordable and accessible to everyday investors through fractional ownership enabled by blockchain technology.
Yahoo FinanceSingapore bank DBS to offer tokenised physical gold to retail customers
DBS Group, Singapore's largest bank, announced it will offer tokenised physical gold to retail customers starting in the second half of 2026. The DBS Physical Gold Tokens, available through its digibank app, will be backed by one gram of physical gold per token held in a dedicated Singapore vault. This is the first offering in Singapore allowing retail customers to digitally access, hold, and trade tokenised gold on a single platform. Customers can buy small amounts, trade 24/7, and redeem tokens for physical gold. The move comes amid strong gold demand despite recent price volatility—gold hit a record $5,600/oz earlier in 2026 before falling 27% to $4,111.95. DBS wealth clients' physical gold holdings have more than doubled over three years. The bank also plans to list the token on its DBS Digital Exchange for accredited investors.
Yahoo FinanceDBS Launches Tokenised Physical Gold for Retail Customers in Singapore
DBS Bank has launched a tokenised physical gold product for retail customers in Singapore, allowing them to buy, sell, and hold fractional ownership of physical gold via digital tokens. The bank is also exploring plans to list the token on the DBS Digital Exchange, which would enable secondary trading. The move comes as demand for gold has surged, with assets under management of physical gold holdings in DBS wealth clients' portfolios more than doubling over the past three years. The tokenised gold is backed by physical gold stored in DBS's vaults, and each token represents a specific weight of gold. This initiative aims to make gold investment more accessible and efficient for retail investors, leveraging blockchain technology for transparency and ease of transfer.
The Business TimesDBS to launch tokenised physical gold for retail customers in Singapore
DBS Bank is set to launch a tokenised physical gold product for retail customers in Singapore, allowing them to own fractionalized gold backed by physical bullion. The bank is also exploring plans to list the token on the DBS Digital Exchange, which would enable secondary trading. This initiative marks a significant step in bridging traditional precious metals investment with blockchain technology, making gold more accessible to individual investors. The move aligns with DBS's broader digital asset strategy and growing demand for tokenised real-world assets in Asia's financial hub.
The Business TimesDBS to launch tokenised physical gold for retail customers in Singapore
DBS Bank is set to launch a tokenised physical gold product for retail customers in Singapore, allowing them to invest in gold through digital tokens backed by physical gold. The bank is also exploring plans to list the token on the DBS Digital Exchange, which would enable secondary trading. This initiative aims to make gold investment more accessible and efficient for retail investors by leveraging blockchain technology. The move reflects DBS's continued expansion into digital asset services while maintaining a link to traditional safe-haven assets. The product is expected to offer fractional ownership of gold, lower transaction costs, and enhanced transparency compared to traditional gold purchasing methods.
The Business Times