OCBC, one of Singapore’s largest banking groups, has issued a tokenized physical gold fund with the underlying token named GOLDX, launched on both the Ethereum and Solana blockchains.
The offering was developed in partnership with OCBC’s asset management arm, Lion Global Investors, and digital-asset exchange DigiFT. GOLDX targets institutional investors, hedge funds and asset managers and can be subscribed to with stablecoins or traditional fiat currencies. After purchase, tokens are delivered directly to investors’ blockchain wallets.
Kenneth Lai, head of global markets at OCBC, said the launch fits the bank’s broader corporate strategy and reflects its push into blockchain initiatives. He noted that digital assets are expected to play an increasingly important role in financial services and emphasized OCBC’s goal of bridging traditional finance and decentralized finance.
Industry data from rwa.xyz indicates the value of tokenized real-world assets on public blockchains rose in 2026 and is estimated at more than $29 billion, an increase of over 10% in the past 30 days.
GOLDX offers on-chain exposure to the LionGlobal Singapore Physical Gold Fund, which debuted in December and reported roughly $525 million (S$669 million) in assets under management as of April 16. The tokenized product is designed to draw participants from the Web3 ecosystem and high-net-worth individuals active in crypto markets.
OCBC has prior experience with blockchain-based issuances, having rolled out 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.
This report aims to summarize the launch and market context; readers are encouraged to verify details independently.