DBS Bank, a Singapore-based lender, said it will offer tokenized gold to retail customers in Singapore through its digibank app in the second half of 2026.

The move will expand access beyond physical gold investments, which the bank said have largely been available only to institutional and accredited investors.

Each DBS Physical Gold Token will represent 1 gram of gold stored in a dedicated DBS vault in Singapore.

Customers will be able to redeem tokens for physical gold, although the bank has not disclosed the minimum investment, pricing, or fees.

DBS said the product will offer 24/7 access and fractional ownership.

The bank is also exploring a listing on DBS Digital Exchange, which is for accredited investors and institutional partners.

DBS said the launch would be Singapore’s first retail offering that lets customers access, hold, and trade tokenized physical gold through a single banking platform.

Other local bank gold offerings are mainly physical, paper, or gold-linked products, while a gold fund token launched by OCBC, Lion Global Investors, and DigiFT is limited to institutional and corporate accredited investors.

The global tokenized gold market topped US$2.57 billion on September 1, 2025, led by Tether Gold and Pax Gold.

🔗 Source: DBS

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