Singapore’s DBS Bank will launch blockchain-backed fractional gold ownership, backed 1:1 by physical bullion, targeting mass-market access.
DBS Bank will introduce a tokenised physical gold offering on its digibank platform in H2 2026, enabling retail investors to trade fractional gold ownership 24/7. Each digital token represents one gram of gold stored in a DBS vault in Singapore, with atomic settlement ensuring near-instant transactions.
The move follows gold’s rise to the world’s largest reserve asset, surpassing US Treasuries, as central banks increased holdings amid record prices. Gold reached $5,600 per ounce earlier this year, while its share of global central bank reserves climbed to 27% by end-2025.
The platform will also list the asset on DBS Digital Exchange for institutional and accredited investors, with the bank managing the token lifecycle in-house. Investors retain the right to redeem tokens for physical bullion.