- DBS will launch a tokenized physical Gold product for retail customers via its digibank app in the second half of 2026.
- Each token represents one gram of physical gold, which the bank will vault and manage entirely in-house in Singapore.
- The offering will feature 24/7 trading, instant settlement, fractional purchases, and the ability to redeem tokens for physical gold.
- DBS is also considering listing the tokens on its DBS Digital Exchange (DDEx) for accredited and institutional investors.
DBS Bank has announced it will become the first in Singapore to offer tokenized physical gold to retail customers, with its DBS Physical Gold Tokens becoming available through the DBS digibank app in the second half of 2026. This strategic move aims to provide a single, integrated digital platform for accessing, holding, and trading this traditional asset.
Consequently, each digital token will be directly backed by one gram of vaulted physical gold, worth roughly $145, which DBS will hold in a dedicated Singapore vault. The bank will manage the entire process of tokenizing, issuing, and distributing the gold tokens using its own infrastructure.
However, the offering is not limited to retail clients, as DBS is also exploring listing the token on its DBS Digital Exchange (DDEx) for accredited and institutional investors. This expansion seeks to meet growing structural demand for gold, which reached an all-time high earlier this year according to market data.
Meanwhile, customers will benefit from the ability to trade around the clock, settle transactions near-instantly, and purchase fractional amounts of gold. They will also retain the option to redeem their digital tokens for the underlying physical gold bars if they choose.
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