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Crypto
Singapore\'s DBS to launch tokenised gold trading service for retail customers in second half 2026
Singapore\'s DBS Bank will launch a tokenised gold trading service for retail customers in the second half of 2026. It plans to introduce the DBS Physical Gold Token on its digibank platform and is considering listing it on the DBS Digital Exchange, a platform for accredited and institutional investors. DBS will handle issuance, distribution and management using its own infrastructure. Each token will be linked to 1 gram of physical gold stored in a Singapore-only vault.
Industry
Overseas investment banks raise South Korea growth forecasts after surprise Q1 GDP rebound
Global investment banks have been raising their forecasts for South Korea\'s economic growth this year, driven mainly by a surprise rebound in first-quarter GDP. Bloomberg data show the average 2026 growth forecast from 42 institutions rose to 2.1% at end-April from 2.0% a month earlier. Individual institutions raised projections more sharply. Inflation forecasts also moved higher, with the average 2026 consumer inflation forecast from 38 institutions rising to 2.5%.
Crypto
BlackRock, Mastercard, Franklin Templeton add to big-money moves around XRPL
Global financial heavyweights including BlackRock, Mastercard and Franklin Templeton are reviewing potential uses of the XRP Ledger (XRPL), a blockchain outlet reported. Odellia Torteman of XRPL Commons said interest is growing. She said XRP serves as a core asset for transactions and payments and as a bridge asset for value transfers between different assets on the network. Ripple has disclosed pilots with partners, including tokenised fund and settlement tests using its RLUSD stablecoin.
