Singapore’s largest bank OCBC launches tokenized gold fund on Ethereum and Solana
Singapore’s largest bank OCBC launches tokenized gold fund on Ethereum and Solana
OCBC launched the GOLDX token on Ethereum and Solana, offering institutional investors access to a tokenized physical gold fund.The token provides exposure to the LionGlobal Singapore Physical Gold Fund, which held about $525 million in assets as of mid-April.The move comes as tokenized real-world assets on public blockchains cross $29 billion, with major banks expanding into blockchain-based financial products.