Big Bank Brings Physical Gold On-Chain: A New Era for Retail Investors

Known for its growing involvement in digital assets, DBS Bank plans to introduce a new product called "DBS Physical Gold Tokens," allowing investors to gain exposure to physical gold through a digital format. The service is expected to become available through the bank’s digibank platform in the second half of 2026.

According to the bank, each token will be backed by 1 gram of physical gold stored in secure vaults in Singapore. The tokenization, issuance, custody, and management processes will be handled entirely through DBS’s institutional infrastructure. This approach will enable large gold holdings to be divided into smaller units, making gold investment more accessible to a broader range of investors.

The initiative represents another step in the growing real-world asset (RWA) tokenization trend. DBS has previously participated in various tokenized finance and digital asset projects, while demand for gold investments among its clients has grown significantly over the past three years. With this new offering, the bank aims to expand access to physical gold beyond traditional institutional investors and into the retail market.