Singapore’s OCBC launches tokenized gold fund on Ethereum and Solana

2 days ago

The worth of tokenized real-world assets connected nationalist blockchains is estimated astatine much than $29 billion, up much than 10% successful the past 30 days.

OCBC, 1 of Singapore’s largest banking and fiscal services corporations, has launched a tokenized carnal golden fund, with the underlying token, GOLDX, issued connected some Ethereum and Solana.

The motorboat was made unneurotic with its plus absorption arm, Lion Global Investors and integer plus speech DigiFT. The token is aimed astatine organization investors, hedge funds and plus managers and tin beryllium bought and sold utilizing some stablecoins and fiat currencies. After subscription, the token is delivered straight to investors’ blockchain wallets, OCBC said connected Monday.

Kenneth Lai, caput of planetary markets astatine OCBC, said the determination is portion of a caller firm strategy and a milestone successful the corporation’s blockchain-focused approach.

“We judge integer assets volition play an progressively important relation successful fiscal services and our absorption is connected bridging accepted concern with the emerging satellite of decentralized finance,” helium said.

The worth of tokenized real-world assets connected nationalist blockchains has been connected the emergence successful 2026, and is sitting astatine implicit $29 billion, up implicit 10% successful the past 30 days, according to information from rwa.xyz.

The worth of tokenized real-world assets connected nationalist blockchains is estimated astatine $29 billion. Source: rwa.xyz 

GOLDX token tied to a carnal golden fund

OCBC’s GOLDX token offers on-chain vulnerability to the LionGlobal Singapore Physical Gold Fund, which launched successful December and had astir $525 cardinal (669 cardinal Singapore dollars) successful assets nether absorption arsenic of April 16, according to OCBC.

Related: Singapore Gulf Bank adds stablecoin mint and redeem for 24/7 settlement

The extremity of the tokenized money is to pull Web3 ecosystem participants and high-net-worth individuals who run successful blockchain and cryptocurrency ecosystems, according to OCBC. 

OCBC has utilized blockchain exertion before, starting with its archetypal tokenized equity-linked enactment for accredited investors successful 2023. Its full assets were estimated astatine astir $526 cardinal arsenic of December 2025. 

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