OCBC, one of Singapore’s largest banking and financial services groups, has launched a tokenized physical gold fund with its underlying token, GOLDX, issued on both Ethereum and Solana.
The product was introduced in partnership with OCBC’s asset management arm Lion Global Investors and digital asset exchange DigiFT. GOLDX is aimed at institutional investors, hedge funds and asset managers and can be purchased using stablecoins or fiat currencies. After subscription, tokens are delivered directly to investors’ blockchain wallets, OCBC said.
Kenneth Lai, head of global markets at OCBC, described the launch as part of the bank’s broader corporate strategy and a key step in its blockchain-focused efforts. “We believe digital assets will play an increasingly important role in financial services and our focus is on bridging traditional finance with the emerging world of decentralized finance,” he said.
Data from rwa.xyz shows the value of tokenized real-world assets on public blockchains has risen in 2026 and is estimated at more than $29 billion, up over 10% in the past 30 days.
GOLDX provides on-chain exposure to the LionGlobal Singapore Physical Gold Fund, which launched in December and had about $525 million (669 million Singapore dollars) in assets under management as of April 16, OCBC said. The tokenized fund is intended to attract participants from the Web3 ecosystem and high-net-worth individuals active in blockchain and crypto markets.
OCBC has previous experience with blockchain issuance, having launched its first tokenized equity-linked note for accredited investors in 2023. The bank’s total assets were estimated at about $526 billion as of December 2025.
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