DBS Expands Tokenised Physical Gold Access to Retail Investors

DBS Group will make tokenised physical gold available to retail customers in Singapore during the second half of 2026, expanding access to digital asset-backed precious-metal investments.

The tokenised physical gold offering will be delivered through the DBS digibank application and is designed to simplify ownership, trading and redemption of gold.

Each DBS Physical Gold Token will be backed by one gram of tokenised physical gold stored in a dedicated DBS vault in Singapore.

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

DBS said demand for gold among wealth-management clients has increased substantially, with physical gold holdings more than doubling over the past three years.

The launch supports Singapore’s broader ambition to strengthen its position as a regional precious-metals and commodities hub.

The initiative reflects growing interest in tokenised assets that combine traditional stores of value with digital accessibility and trading efficiency.