DBS to Offer Tokenised Physical Gold to Retail Customers
DBS said the tokens will let customers buy smaller amounts of gold, trade around the clock and redeem holdings for physical bullion.
- On Thursday, June 11, 2026, DBS Group announced it will offer DBS Physical Gold Tokens to retail customers via its digibank app in the second half of 2026.
- James Tan, head of DBS' investment product and advisory unit, noted gold as an asset class has "taken off in recent years," with wealthy client holdings doubling over the past three years.
- Each token is backed by 1 gram of physical gold held in a dedicated Singapore vault, priced at about S$200 as of Thursday.
- Retail customers gain the ability to purchase smaller gold amounts, trade around the clock, and redeem tokens for physical gold, broadening access beyond institutional investors.
- DBS is exploring listing these tokens on the DBS Digital Exchange while advancing its broader push into tokenizing real-world assets on blockchain, building on previous Ethereum projects.
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PressNewsAgencyDBS to offer tokenised physical gold to retail customers
DBS Physical Gold Tokens will be available through its digibank app in the second half of 2026, with each token backed by one gram of physical gold held by the bank in a dedicated vault in Singapore.
Singapore bank DBS to offer tokenised physical gold to retail customers
DBS Group , Singapore’s biggest bank by assets, said on Thursday it will offer tokenised physical gold to retail customers as demand for the precious metal grows and the city-state pushes to become a gold trading hub.Read MoreThe post Singapore bank DBS to offer tokenised physical gold to retail customers first appeared on The Who Dat Daily.The post Singapore bank DBS to offer tokenised physical gold to retail customers appeared first on The W…
DBS Bank to Offer Tokenized Physical Gold to Retail Customers in Singapore
DBS Bank, Singapore's largest lender by assets, plans to offer tokenized physical gold to retail customers through its digibank app in the second half of 2026. Each DBS Physical Gold Token will be backed by one gram of gold held in a dedicated bank vault in Singapore. DBS announced the product... Read the full story at The Defiant
DBS Launches Singapore’s First Retail Tokenized Gold Product
TL;DR: DBS Bank will launch a tokenized gold product backed by one gram of physical gold per token, custodied in its own vaults in Singapore. The physical gold holdings of DBS wealth management clients doubled during the last three years prior to the announcement. The underlying asset recorded an all-time high price of $5,600 per ounce in 2026 before correcting toward the $4,112 zone. Singapore’s financial sector integrates traditional assets t…
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