Singapore’s OCBC launches tokenized gold fund on Ethereum and Solana

OCBC, one among Singapore’s largest banking and monetary providers firms, has launched a tokenized bodily gold fund, with the underlying token, GOLDX, issued on each Ethereum and Solana.

The launch was made along with its asset administration arm, Lion World Traders and digital asset trade DigiFT. The token is aimed toward institutional traders, hedge funds and asset managers and might be purchased and bought utilizing each stablecoins and fiat currencies. After subscription, the token is delivered on to traders’ blockchain wallets, OCBC stated on Monday.

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 company’s blockchain-focused method.

“We imagine digital belongings will play an more and more essential function in monetary providers and our focus is on bridging conventional finance with the rising world of decentralized finance,” he stated.

The worth of tokenized real-world belongings on public blockchains has been on the rise in 2026, and is sitting at over $29 billion, up over 10% within the final 30 days, in line with knowledge from rwa.xyz.

GOLDX token tied to a bodily gold fund

OCBC’s GOLDX token affords on-chain publicity to the LionGlobal Singapore Bodily Gold Fund, which launched in December and had about $525 million (669 million Singapore {dollars}) in belongings below administration as of April 16, in line with OCBC.

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The aim of the tokenized fund is to draw Web3 ecosystem individuals and high-net-worth people who function in blockchain and cryptocurrency ecosystems, in line with OCBC.

OCBC has used blockchain expertise earlier than, beginning with its first tokenized equity-linked word for accredited traders in 2023. Its complete belongings have been estimated at about $526 billion as of December 2025.

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