Singapore bank DBS to offer tokenised physical gold to retail customers

Jun 11 2026 03:04 UTC

DBS Group , Singapore's biggest bank by assets, said on Thursday it will offer tokenised physical gold to retail customers ​as demand for the precious metal grows and the city-state pushes ‌to become a gold trading hub.

➤ DBS Bank in Singapore will offer tokenized physical gold to retail customers via its digibank app in the second half of 2026.

➤ Each token will represent one gram of physical gold held in a DBS vault, allowing for digital access, trading, and redemption.

➤ This initiative aims to meet growing demand for gold as a store of value and support Singapore's ambition to become a gold trading hub.

Read more at: https://rwatimes.io/articles/reuters-singapore-bank-dbs-to-offer-tokenised-physical-gold-to-retail-customers-421284037?utm_source=binance