OCBC Launches $526M GOLDX Tokenized Gold Fund on Solana, Fueling On-Chain Demand

Singapore’s OCBC has launched a $526M tokenized physical gold fund GOLDX on Solana, building on its April 21 debut across Ethereum and Solana backed 1:1 by the $525M LionGlobal Singapore Physical Gold Fund. Announced April 20, the product targets institutions with LBMA-grade gold, fiat/stablecoin purchases, and direct wallet delivery amid tokenized RWAs surging to $29B (up 10% in 30 days). Spot gold held $4,775–$4,831/oz last week, with the move signaling boosted liquidity and institutional demand for gold exposure.