Singapore bank DBS to offer tokenized gold to retail customers

Finance Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Singapore bank DBS to offer tokenized gold to retail customers Each token is backed by one gram of physical gold held by DBS in a dedicated vault in Singapore. By Ian Allison | Edited by Sheldon Reback Jun 11, 2026, 8:12 a.m. 1 min read Make preferred on Close-up of stacked gold bars. (Jingming Pan/Unsplash) What to know : The gold token will be available in the second half of 2026. DBS said it is also exploring listing the tokens on its DBS Digital Exchange (DDEx), a platform for accredited investors and institutions. Crypto-friendly DBS Bank said it will start offering tokenized gold trading to its retail customers in the second half of 2026. DBS said it will list the product, called DBS Physical Gold Tokens, on its digibank platform and is also considering making it available on the DBS Digital Exchange (DDEx), which is tailored for accredited investors and institutions. The bank will tokenize, issue, distribute and manage the physical gold tokens entirely in-house, backed by trusted bank-grade infrastructure. Each token is backed by 1 gram of physical gold held by DBS in a dedicated vault in Singapore, the bank said in a statement. The move builds on a growing trend towards blockchain-based versions of real world assets (RWAs). The size of physical gold holdings in the portfolios of wealthy clients of DBS has more than doubled over the past three years. In 2025, DBS tokenized structured notes on Ethereum and listed sgBENJI, the token of Franklin Templeton’s tokenized money market fund, alongside the Ripple's RLUSD dollar-pegged stablecoin. “While our retail investors have been able to buy gold funds, access to physical gold has been largely available to only institutional and accredited investors,” said James Tan, the head of DBS' investment product and advisory unit. “DBS has offered physical gold investments to wealth clients since 2013, and we are now leveraging tokenisation to broaden access, enabling more retail customers to invest in gold in a safe and meaningful way.” Tokenization Singapore More For You Coinbase-backed Stand With Crypto calls on members to campaign against banks blocking digital asset transactions By Olivier Acuna | Edited by Nikhilesh De 14 hours ago Stand With Crypto UK is telling its members to file formal complaints with high-street banks over sector-wide transfer bans. What to know : Stand With Crypto UK, a Coinbase-backed group, has launched a nationwide campaign urging its 286,000 members to file formal complaints against British banks over blanket restrictions on crypto transactions. The group cites data showing that U.K. banks block or delay about 40% of domestic crypto transfers and either fully block... Read full story Latest Crypto News Live updates: Soft core inflation gave crypto a bounce, but only bitcoin held up on the week 2 hours ago It's not just bitcoin ETFs. Corporate BTC buying has dried up too 2 hours ago XRP holds above $1.10 as ETF inflows rise, but traders remain cautious 3 hours ago Bitcoin has reached a deep bear-market valuation zone. The hard part may come next. 3 hours ago Privacy returns to focus as Ethereum developers explore new token standards 13 hours ago BlackRock and Fidelity are quietly turning bitcoin ETFs into a two-firm market 14 hours ago Top Stories Mastercard prepares for a future where AI agents make payments 16 hours ago Prediction markets get first U.S. rule proposal as CFTC pursues contract reviews 18 hours ago Michael Saylor gets into public debate over claims that Strategy's latest share sale was dilutive 18 hours ago A 'Bitcoin DeFi' project just shut down with a brutal post-mortem: Users just didn't care 20 hours ago Elon Musk's SpaceX IPO is four times oversubscribed. A crypto bet tells a more cautious story Jun 10, 2026