DBS to launch tokenized gold backed by physical bullion for retail investors
DBS to launch tokenized gold backed by physical bullion for retail investors
DBS plans to launch tokenized gold for retail customers in the second half of 2026, with each token backed by 1 gram of physical gold stored in Singapore.The offering expands DBS’s tokenization efforts after the bank introduced tokenized structured notes, Franklin Templeton’s sgBENJI fund token, and Ripple’s RLUSD stablecoin.Physical gold holdings among DBS wealth clients have more than doubled over the past three years, according to the bank.