[Digital Today reporter Chi-gyu Hwang] Singapore's DBS Bank will launch a tokenised gold trading service for retail customers in the second half of 2026.
Coindesk recently reported that DBS plans to introduce the "DBS Physical Gold Token" on its digibank platform. It is also considering listing it on the DBS Digital Exchange (DDEx), a platform for accredited and institutional investors.
Issuance, distribution and management of the tokens will all be handled through its own infrastructure. Each token will be linked to 1 gram of physical gold stored in a Singapore-only vault.
DBS said physical gold holdings in wealthy clients' portfolios more than doubled over the past 3 years. James Tan (제임스 탄), head of investment products and advisory at DBS, said, "Retail investors have only been able to buy gold funds, and investment in physical gold has been open only to institutional and accredited investors." He added, "Through tokenisation, we will broaden access so more retail customers can invest in gold in a safe and tangible way."
Chi-gyu Hwang
delight@d-today.co.kr