OCBC Issues Tokenized Physical Gold Fund on Ethereum and Solana
8 Articles
8 Articles
OCBC Launches GOLDX Tokenized Physical Gold Fund in Singapore
The post OCBC Launches GOLDX Tokenized Physical Gold Fund in Singapore appeared on BitcoinEthereumNews.com. The token is targeted towards institutional investors, hedge funds, and asset managers, and can be bought using stablecoins or fiat currencies before being transferred to blockchain wallets. GOLDX provides on-chain exposure to the LionGlobal Singapore Physical Gold Fund, which held around $525 million in assets under management as of mid-A…
Singapore's OCBC Debuts Tokenized Gold Fund on Ethereum and Solana
Singapore’s OCBC has rolled out GOLDX, a tokenized on-chain fund that provides exposure to the LionGlobal Singapore Physical Gold Fund. The token, issued on Ethereum and Solana, targets institutional investors, hedge funds and asset managers, and can be bought with stablecoins or fiat. After subscription, the fund’s shares are delivered directly to investors’ blockchain wallets. OCBC describes the move as a milestone in its blockchain-focused st…
OCBC, Lion Global, DigiFT Launch Tokenized Physical Gold Fund
OCBC, its asset management arm Lion Global Investors, and Singapore-regulated digital asset exchange DigiFT have launched a tokenized physical gold fund, marking the first time a physical gold fund has been made available on a public blockchain in Southeast Asia, according to an announcement on Monday.The OCBC-LionGlobal Physical Gold Fund Token, branded as GOLDX, is issued on both the Ethereum and Solana blockchains. Through the DigiFT platform…
OCBC, Lion Global Investors and DigiFT Launch Tokenised Physical Gold Fund
OCBC, Lion Global Investors and DigiFT have launched the GOLDX token, describing it as Southeast Asia’s first tokenised physical gold fund available on a public blockchain. The token will be issued on Ethereum and Solana and gives institutional investors and corporate accredited investors on-chain exposure to the LionGlobal Singapore Physical Gold Fund, which is managed by Lion Global Investors. Through DigiFT, eligible investors can subscribe u…
OCBC and Lion Global Introduce GOLDX Token: Southeast Asia’s First Tokenized Physical Gold Fund on Ethereum and Solana
Gold Meets Blockchain: A Game-Changer for Investors In times of global uncertainty, gold has always been a safe haven. Now, Singapore’s major bank OCBC, along with its asset management arm Lion Global Investors and tokenization expert DigiFT, is bringing physical gold into the blockchain world. They have launched the , linked directly to the LionGlobal Singapore Physical Gold Fund. This is a big step, as it is the first time a physical gold fund…
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