OCBC, one in all Singapore’s largest banking and monetary providers firms, has launched a tokenized bodily gold fund utilizing GOLDX, the underlying token issued on each Ethereum and Solana.
The launch was made in collaboration with Lion International Buyers, the corporate’s asset administration arm, and digital asset change DigiFT. The token is aimed toward institutional traders, hedge funds, and asset managers and may be purchased and bought utilizing each stablecoins and fiat currencies. OCBC stated on Monday that after subscription, the tokens will likely be delivered on to traders’ blockchain wallets.
Kenneth Lai, head of world markets at OCBC, stated the transfer is a part of a brand new company technique and a milestone within the firm’s blockchain-focused method.
“We imagine that digital property will play an more and more essential function in monetary providers, and we’re centered on bridging the worlds of conventional finance and the rising decentralized finance,” he stated.
The worth of tokenized real-world property on public blockchains is on an upward pattern in 2026, rising by greater than 10% prior to now 30 days to achieve greater than $29 billion, based on knowledge from rwa.xyz.
GOLDX token linked to bodily gold fund
Based on OCBC, OCBC’s GOLDX token supplies on-chain publicity to the Lion International Singapore Bodily Gold Fund, which was established in December and manages roughly US$525 million (S$669 million) in property as of April 16.
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Based on OCBC, the purpose of the tokenized fund is to draw individuals within the Web3 ecosystem and high-net-worth people energetic within the blockchain and cryptocurrency ecosystems.
OCBC has beforehand used blockchain expertise, beginning with its first tokenized equity-linked bond for accredited traders in 2023. Its complete property are estimated to be roughly $526 billion as of December 2025.
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