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DBS Launches Tokenized Physical Gold for Retail Customers

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DBS (SGX:D05) launched DBS Physical Gold Tokens, a tokenized physical gold offering for retail customers, according to a company release on Thursday.

The tokens will be available to customers through the DBS digibank platform in the second half of 2026.

Each token is backed by one gram of physical gold stored in a dedicated DBS vault in Singapore, with the bank managing everything in-house.

Customers will be able to buy, sell, hold, and redeem the tokens for physical gold through a single platform.

DBS said the offering aims to expand access to gold investing while supporting Singapore's position as a gold trading hub.

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