DBS Bank plans to launch tokenized gold trading for retail investors by late 2026, enhancing access to physical gold investments.
DBS Bank is preparing to launch a new trading platform for tokenized gold aimed at retail investors, expected to be available in the latter half of 2026.
The initiative will feature DBS Physical Gold Tokens, which can be traded through the bank's digibank app. Additionally, there are plans to make these tokens available on the DBS Digital Exchange (DDEx) for accredited investors and institutions.
DBS will manage all aspects of the tokenized gold, including its issuance and distribution, using robust bank-grade technology. Each token will correspond to one gram of physically stored gold in a secure vault in Singapore.
This move aligns with a growing trend of using blockchain technology for real-world assets (RWAs), especially as the demand for physical gold among DBS's affluent clients has more than doubled over the past three years.
Previously, in 2025, DBS had already ventured into tokenization by launching structured notes on the Ethereum blockchain and introducing sgBENJI, a token linked to Franklin Templeton’s money market fund, as well as Ripple's RLUSD stablecoin.
James Tan, who leads DBS's investment product and advisory unit, stated, “While our retail investors have been able to buy gold funds, access to physical gold has been largely available to only institutional and accredited investors. We are now leveraging tokenization to broaden access, enabling more retail customers to invest in gold in a safe and meaningful way.”
