DBS Brings Tokenised Physical Gold to Singapore Mass Market via Digibank

DBS Bank is extending its tokenised physical gold product to Singapore's retail investors through the digibank app in the second half of 2026, following initial rollout plans. Each token represents one gram of vaulted gold with 24/7 trading, atomic settlement, and physical redemption options. The expansion builds on strong client demand, with physical gold holdings among wealth clients more than doubling over three years, while spot gold trades at $4,111.95 after a 27% pullback from its $5,600 record high. The initiative advances Singapore's goal of becoming a leading gold trading hub and supports broader tokenisation of real-world assets.