DBS to Launch Tokenized Gold for Retail Investors Amid Surging Demand

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2026-06-12 15:06:02

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DBS Bank will debut tokenized physical gold for retail customers via its digibank app in late 2026. Each "DBS Physical Gold Token" represents 1 gram of vault-stored bullion in Singapore, marking the bank's first in-house managed digital gold product for mass-market investors.

The move expands DBS's existing institutional gold business, which saw affluent client holdings double since 2023 amid inflation fears and equity volatility. "Tokenization breaks barriers," said James Tan, DBS investment head. "Retail investors now get institutional-grade access to gold's stability."

Gold prices hover near record highs, testing $4,170/oz support in 2026. The bank may later list tokens on its DBS Digital Exchange (DDEx), currently serving accredited investors.

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