DBS Bank, a leading financial institution in Singapore, is at the forefront of innovating the digital assets landscape with its latest offering – tokenised physical gold. This unique offering is set to launch in the latter half of 2026 on DBS digibank for retail investors, thereby making gold investment more accessible and affordable to a wider base of everyday investors.
DBS Bank’s Innovative Digital Asset
DBS Bank’s tokenised physical gold is a digital asset that can be accessed, held, and traded through a single platform. This new offering is an innovative solution that applies blockchain technology to create fractional ownership of physical gold. The bank will manage the entire lifecycle of the tokens in-house, leveraging its secure bank-grade infrastructure to ensure security and reliability.
Each digital token is directly backed by one gram of physical gold that is securely stored in a dedicated DBS vault in Singapore. Investors will retain the right to redeem their digital tokens for actual physical gold bullion, providing a seamless link between the digital and physical world of assets.
24/7 Access to Gold Investment
The platform will operate around the clock, enabling investors to trade their tokenised gold anytime and anywhere. Utilising atomic settlement, transactions on the platform can be cleared almost instantly, ensuring speed and efficiency for investors.
This innovative offering by DBS Bank is set to capitalise on the recent shift in global finance, with gold recently surpassing US government bonds to become the world’s largest reserve asset. The rise in gold prices, which hit a record of $5,600 per ounce earlier this year, coupled with heavy buying by central banks, has led to this shift.
Expanding Access to Gold Investment
James Tan, the head of the investment product and advisory group at DBS, commented on the significance of this new offering. “Gold as an asset class has taken off in recent years, demonstrating its enduring value as a safe haven and a critical diversifier in uncertain times,” he said.
While retail investors have had the option to buy gold funds, access to physical gold has largely been limited to institutional and accredited investors. DBS has been offering physical gold investments to wealth clients since 2013 and is now leveraging tokenisation to broaden access, enabling more retail customers to invest in gold in a safe and meaningful way.
With this new offering, DBS Bank continues to demonstrate its commitment to innovation and customer service, by making gold investment more accessible and affordable to everyday investors. This move reflects the bank’s confidence in the future of digital assets and its role in shaping the digital economy.
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