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DBS Bank to Offer Tokenized Physical Gold to Retail Customers in Singapore
Crypto Insight Summary: 1. 3. 5. Singapore largest bank will let retail customers buy, hold and trade tokenized gold backed by 1 gram of physical bullion stored in a DBS vault, launching via its digibank app in H2 2026. By:• 1 hour ago TradFi & Fintech DBS Bank, Singapore's largest lender by assets, plans to offer tokenized physical gold to retail customers through its digibank app in the second half of 2026. Each DBS Physical Gold Token will be backed by one gram of gold held in a dedicated bank vault in Singapore. DBS Thursday, describing it as the first offering in Singapore to let retail customers digitally access, hold and trade tokenized physical gold on a single platform. One gram of gold was worth roughly S$200 (about $155) at the time of the announcement, . Customers will be able to buy fractional amounts, trade around the clock, settle near-instantly through atomic settlement, and redeem tokens for physical bullion, . Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Tokenized gold provides alternative investment but unlikely to significantly impact crypto market.