DBS says it will offer tokenised physical gold to retail customers through its digibank app in the second half of 2026. Under the planned product, DBS Physical Gold Tokens are designed to be backed by physical gold held by the bank. Each token is reportedly tied to one gram of physical gold that DBS keeps in a dedicated vault in Singapore. The initiative targets retail investors who want exposure to gold in a token format accessible through DBS’s digital banking platform. Both outlets describe the same basic structure: a one-gram backing per token, custody of the gold by DBS in a dedicated vault located in Singapore, and availability through the digibank app starting in the second half of 2026. The reports do not provide additional details on pricing, redemption terms, fees, or regulatory approvals. Overall, the announcement focuses on how DBS links digital tokens to allocated physical gold custody, with delivery planned for late 2026.
DBS to offer tokenised physical gold to retail customers via digibank
DBS says it will offer tokenised physical gold to retail customers through its digibank app in the second half of 2026. Under the planned product, DBS Physical Gold Tokens are designed to be backed by...
- DBS plans to offer tokenised physical gold to retail customers via the digibank app in the second half of 2026.
- Each DBS Physical Gold Token is backed by one gram of physical gold.
- DBS holds the physical gold in a dedicated vault in Singapore.
- The product is described as accessible through DBS’s digital banking platform.
- The announcement details the gold custody and token-to-gold linkage but does not cover pricing or redemption terms.
Each token is backed by one gram of physical gold held by DBS in a dedicated vault in Singapore.
2 months agoDBS Physical Gold Tokens will be available through its digibank app in the second half of 2026, with each token backed by one gram of physical gold held by the bank in a dedicated vault in Singapore.
2 months ago
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