In the second half of 2026, Singapore's DBS Bank will introduce DBS Physical Gold Tokens for retail customers. Each token will be backed by 1 gram of physical gold stored in a secure facility in Singapore.
According to DBS, this will be the first product of its kind in the country, allowing retail customers to digitally access, own, and trade physical gold on a single platform. The bank is also exploring the possibility of listing the token on the DBS Digital Exchange for accredited and institutional investors.