OCBC Launches Tokenised Gold Fund in Singapore
OCBC, LionGlobal Launch Tokenised Gold Fund GOLDX
Singapore, 20 April 2026 – OCBC, together with its asset management arm Lion Global Investors and digital asset exchange DigiFT, has launched the OCBC-LionGlobal Physical Gold Fund Token (“GOLDX token”), marking Southeast Asia’s first tokenised physical gold fund issued on a public blockchain.
The GOLDX token is deployed on both Ethereum and Solana, enabling interoperability across major blockchain ecosystems. It represents regulated, on-chain exposure to the LionGlobal Singapore Physical Gold Fund (“Underlying Fund”), managed by Lion Global Investors.
Through the DigiFT platform, eligible institutional investors—including banks, hedge funds, asset managers, family offices, and corporate accredited investors—can subscribe to the token using either stablecoins or fiat currencies. After subscription, GOLDX tokens are delivered directly to investors’ blockchain wallets, where they can be held, transferred, or redeemed back into fiat currency or stablecoins.
The structure operates within a fully regulated framework supported by three Monetary Authority of Singapore (MAS)-regulated entities: OCBC, Lion Global Investors, and DigiFT. This setup is designed to provide institutional-grade governance, risk controls, and transparent asset backing, while still enabling the efficiency and programmability of public blockchain infrastructure.
The Underlying Fund, which provides the physical gold backing, has demonstrated strong early traction, reaching S$669.4 million (approximately US$525.9 million) in assets under management as of 16 April 2026, just four months after launch. The performance reflects sustained investor demand for gold exposure amid ongoing geopolitical uncertainty and macroeconomic volatility.
OCBC led the origination and structuring of the GOLDX token, defining the product architecture and commercial framework. DigiFT enabled tokenisation and distribution infrastructure, while Lion Global Investors provided fund management, investment governance, and oversight of the underlying physical gold strategy.
The initiative is positioned as part of a broader shift toward tokenised real-world assets (RWAs). According to market data cited in the announcement, the global tokenised RWA market expanded to over US id="armcp-prerender-content"8.23 billion by January 2026, rising sharply from US id="armcp-prerender-content".89 billion in January 2024, reflecting accelerating institutional adoption of blockchain-based financial instruments.
Demand for the GOLDX token is expected to be driven by Web3-native investors, including high-net-worth individuals and family offices operating within digital asset ecosystems. A significant portion of stablecoin liquidity in Asia remains under-deployed, and tokenised yield-bearing or asset-backed instruments such as GOLDX are increasingly viewed as a bridge between traditional finance and decentralised finance (DeFi).
Singapore’s regulatory environment is also a key enabler. As a leading jurisdiction for digital asset regulation, the country continues to position itself as a global hub for compliant blockchain-based financial innovation, particularly in tokenisation of real-world assets.
Kenneth Lai, Head of Global Markets at OCBC, described the launch as a milestone in the bank’s digital asset strategy. He highlighted that financial institutions are increasingly focused on bridging traditional markets with decentralised infrastructure by bringing real-world assets on-chain, allowing stablecoin capital to be deployed into regulated investment products while maintaining institutional safeguards.
Teo Joo Wah, Chief Executive Officer of Lion Global Investors, emphasized that the fund was designed to combine physical gold exposure with institutional governance and regulatory oversight, offering investors additional avenues to access gold performance in a structured format.
Henry Zhang, Founder and Group CEO of DigiFT, noted that gold remains a core allocation for many investors and that tokenisation enhances accessibility, settlement efficiency, and integration with digital custody systems. He added that regulated blockchain-based access to physical assets contributes to a more interoperable and efficient financial ecosystem.
Overall, the GOLDX token represents a convergence of traditional asset management and blockchain infrastructure, offering regulated, tokenised exposure to physical gold while expanding the role of Singapore as a global hub for compliant digital asset innovation and real-world asset tokenisation.
Source: https://www.ocbc.com/group/media/release/2026/ocbc