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Ethereum Price Prediction: Singapore Largest Bank Launches Gold on ETH

OCBC has launched GOLDX, a tokenized physical-gold fund issued on Ethereum in partnership with Lion Global Investors and DigiFT, giving institutional investors an on‑chain route to buy tokenized gold (subscriptions via stablecoin or fiat). The underlying fund holds roughly $525 million AUM (as of April 16), and the broader tokenized RWA market tops $29 billion (up >10% in 30 days). CryptoNews’ price model turns bullish on ETH, projecting ~20% upside (~$3,050) if institutional on‑chain demand materializes and ETH reclaims the 200‑day SMA (~$2,642). The article flags that institutional announcements don’t always produce immediate spot moves, while cross‑chain projects (e.g., LiquidChain) and sector inflows could amplify demand over time.

Category

Ethereum

Sentiment

Bullish

Event

Product launch

Reading time

1 min