DBS tokenises gold for retail investors
DBS Bank will offer tokenised gold trading to retail customers from the second half of 2026, broadening access to physical gold investments through blockchain technology.
The product, called DBS Physical Gold Tokens, will be available through the bank's digibank platform, with DBS also considering a future listing on its Digital Exchange for accredited and institutional investors.
“DBS has offered physical gold investments to wealth clients since 2013, and we are now leveraging tokenisation to broaden access, enabling more retail customers to invest in gold in a safe and meaningful way,”
Said DBS head of investment product and advisory, James Tan.
Each token will be backed by one gram of physical gold held in a dedicated DBS vault in Singapore, with the bank managing the tokenisation, issuance and custody infrastructure internally.
The launch comes as demand for tokenised real-world assets continues to grow across traditional finance, with blockchain technology increasingly being used to represent ownership of physical assets.
DBS said physical gold holdings among its wealthy clients have more than doubled over the past three years, highlighting rising investor demand for exposure to the precious metal.
The bank has already expanded its digital asset offerings, including tokenised structured notes on Ethereum and listings of Franklin Templeton's sgBENJI tokenised money market fund and Ripple's RLUSD stablecoin in 2025.
The tokenised gold initiative marks another step in DBS's broader strategy to integrate blockchain-based financial products into mainstream banking services for both retail and institutional investors.
At the time of reporting, Ethereum price was $1,671.40.
