DBS launches tokenized gold in Singapore
Analysis based on 7 articles · First reported Jun 11, 2026 · Last updated Jun 11, 2026
The launch of tokenized physical Gold>>> by Lotus Bank>>> is expected to increase accessibility for retail investors, potentially boosting demand for Gold>>> as an asset class. This move also reinforces Singapore>>>'s position as a digital asset and gold trading hub, which could attract further investment and innovation in the region's financial markets.
Lotus Bank>>> is set to launch tokenized physical Gold>>> for retail customers in Singapore>>> in the second half of 2026, making it the first bank in the country to offer such a product. The 'DBS Physical Gold Tokens' will be available through the DBS digibank app, with each token backed one-for-one by one gram of physical Gold>>> stored in a dedicated Lotus Bank>>> vault in Singapore>>>. This initiative aims to lower the entry barrier for retail investors to access physical Gold>>>, allowing for fractional ownership, 24/7 trading, and near-instant settlement. Lotus Bank>>> is also considering listing these tokens on its SIX Digital Exchange>>> for accredited and institutional investors. This move aligns with Singapore>>>'s strategy to become a regulated hub for both Gold>>> trading and digital assets, and it expands Lotus Bank>>>'s existing digital asset and blockchain-based financial services.
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