What to Know:
- DBS Bank will launch tokenized physical gold for retail customers through its digibank app in 2026.
- Each token will represent 1 gram of physical gold, making gold ownership more accessible.
- The move intensifies competition in Singapore’s growing tokenized asset market.
Singapore’s largest bank is preparing to bring gold investing to a wider audience. DBS Bank plans to launch DBS Tokenized physical gold through its digibank mobile app in the second half of 2026.
The new product will allow retail customers to buy tokenized physical gold without purchasing an entire gold bar. Each token will represent ownership of 1 gram of physical gold. This lowers the entry barrier for investors who want exposure to gold but may not have the capital or desire to buy larger quantities.
The initiative marks another step in the growing trend of bringing traditional assets onto blockchain networks. By turning gold into digital tokens, DBS aims to make investing more flexible and accessible.
Also Read: Crypto.com Partners With DBS to Expand Payment Services in Singapore
How Tokenized Physical Gold Could Change Gold Investing
DBS is not creating a new gold product from scratch. Instead, it is taking its existing bullion business, which has largely served wealthy clients, and adapting it for everyday investors.
The bank expects tokenized physical gold to offer greater liquidity than traditional gold holdings stored in vaults. Investors may find it easier to buy, sell, and manage their positions through the digital platform.
However, important details remain unknown. DBS has not revealed which blockchain network will support the tokens. It has also not disclosed how custody, audits, or redemption will work.
The bank already has experience in digital assets. It launched the DBS Digital Exchange in 2021 for institutional and accredited investors and later expanded crypto trading services through its digibank platform. In 2025, it also issued tokenized structured notes on Ethereum.
Tokenized Physical Gold Sparks Competition in Singapore
DBS enters a market that is becoming increasingly competitive. Earlier in 2026, OCBC launched GOLDX, a tokenized physical gold fund operating on both Ethereum and Solana.
For investors, transparency will be critical. They will want clear answers about who stores the gold, where it is held, and how reserves are verified. Redemption policies will also be closely watched. Investors will want to know whether accumulated tokens can be exchanged for physical gold or if the product simply tracks its value.
As Singapore’s tokenization race accelerates, tokenized physical gold is emerging as a new bridge between traditional assets and blockchain technology.
Also Read: Ethereum (ETH) Eyes $5,000 as DBS and BlackRock Boost Institutional Adoption
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