AI Crypto Daily Wire logoAI Crypto Daily Wire

Latest AI & Crypto News from Top Sources

Crypto bullishImpact 7/10

DBS Bank to Offer Tokenized Physical Gold to Retail Customers in Singapore

The Defiant·
DBS Bank to Offer Tokenized Physical Gold to Retail Customers in Singapore
AI Analysis

DBS Bank is set to launch tokenized physical gold for retail customers in Singapore through its digibank app in H2 2026. This initiative allows customers to buy, hold, and trade gold backed by physical bullion stored in a DBS vault. The move signifies a growing trend of integrating traditional assets with blockchain technology, potentially attracting more investors to the gold market. It may also enhance liquidity and accessibility for retail investors in precious metals.

Key Takeaways

  • DBS Bank will tokenize physical gold for retail investors.
  • Gold tokens will be backed by physical bullion in DBS vaults.
  • Launch expected in H2 2026 via digibank app.

Key Topics

DBS Bankdigibanktokenized goldphysical bullion

Originally reported by The Defiant. Read the full article ↗

DBS Bank to Offer Tokenized Physical Gold to Retail Customers in Singapore | AI Crypto Daily Wire