DBS Bank to Launch Tokenized Gold Trading for Retail Customers by 2026
- DBS Bank plans to offer tokenized gold trading through its digibank platform in the second half of 2026.
- The product, named DBS Physical Gold Tokens, will be backed by physical gold stored in a dedicated vault in Singapore.
- Each token represents one gram of physical gold, allowing broader access to retail investors.
- The initiative follows a doubling of physical gold holdings among wealthy clients at DBS over the past three years.
- DBS has previously tokenized structured notes on Ethereum and listed various financial products on its digital exchange.
This move towards DeFi aligns with the growing trend of integrating blockchain technology into traditional finance, particularly for real-world assets (RWAs). By enabling retail customers to invest in gold, DBS aims to democratize access that was previously limited to institutional investors.
With the introduction of DBS Physical Gold Tokens, retail investors will gain access to investments previously reserved for wealth clients since the bank has offered physical gold investments since 2013.
