Crypto-friendly DBS Financial institution mentioned it is going to begin providing tokenized gold buying and selling to its retail clients within the second half of 2026.
DBS mentioned it is going to checklist the product, referred to as DBS Bodily Gold Tokens, on its digibank platform and can also be contemplating making it accessible on the DBS Digital Change (DDEx), which is tailor-made for accredited buyers and establishments.
The financial institution will tokenize, concern, distribute and handle the bodily gold tokens solely in-house, backed by trusted bank-grade infrastructure. Every token is backed by 1 gram of bodily gold held by DBS in a devoted vault in Singapore, the financial institution mentioned in a press release.
The transfer builds on a rising pattern in the direction of blockchain-based variations of actual world belongings (RWAs). The dimensions of bodily gold holdings within the portfolios of rich shoppers of DBS has greater than doubled over the previous three years.
In 2025, DBS tokenized structured notes on Ethereum and listed sgBENJI, the token of Franklin Templeton’s tokenized cash market fund, alongside the Ripple’s RLUSD dollar-pegged stablecoin.
“Whereas our retail buyers have been capable of purchase gold funds, entry to bodily gold has been largely accessible to solely institutional and accredited buyers,” mentioned James Tan, the top of DBS’ funding product and advisory unit. “DBS has provided bodily gold investments to wealth shoppers since 2013, and we at the moment are leveraging tokenisation to broaden entry, enabling extra retail clients to spend money on gold in a secure and significant means.”