OCBC, together with Lion Global Investors and DigiFT, announced the launch of South-east Asia’s first tokenised physical gold fund available on a public blockchain (20/04). The initiative introduces the OCBC-LionGlobal Physical Gold Fund Token, also known as the GoldX token, which provides exposure to the LionGlobal Singapore Physical Gold Fund.

As at Apr 16, the underlying fund had accumulated S$669.4 million in assets under management since its launch in December 2025.

GoldX Token Offers Exposure to Tokenised Physical Gold Fund

The GoldX token represents exposure to a physical gold fund through tokenisation. It is issued on a public blockchain and allows ownership of real-world assets to be converted into digital tokens.

The tokenisation process enables fractional ownership of gold and allows investors to trade smaller portions of the asset. It also supports the use of decentralised financial systems.

Institutional Investors Can Subscribe Using Stablecoins or Fiat

OCBC stated that institutional and corporate accredited investors will be able to subscribe to the GoldX token through DigiFT’s platform. Subscriptions can be made using either stablecoins or fiat currencies.

The token will be delivered directly to investors’ blockchain wallets. It can also be redeemed for stablecoin or fiat currencies.

Kenneth Lai, head of global markets at OCBC, said: “By bringing real-world assets on-chain… we aim to enable stablecoin capital to be invested in these assets while maintaining the standards and safeguards expected by investors.”

Token Issued on Ethereum and Solana Blockchain Networks

The GoldX token will be issued on Ethereum and Solana, both described as decentralised digital ledgers.

OCBC said this structure supports the conversion of ownership rights into digital tokens recorded on the blockchain. The system enables trading and settlement through blockchain-based infrastructure.

Henry Zhang, founder and group chief executive officer of DigiFT, said tokenised access supports investors seeking “institutional-grade exposure delivered in a way that integrates with modern digital custody, settlement, and portfolio workflows”.

He added that this contributes to “a more open and interoperable financial system”.

Rising Demand for Tokenised Real-World Assets

OCBC noted that demand for tokenised real-world assets is increasing. Data from analytics platform Allium showed the market grew nearly 10 times between January 2024 and January 2026, surpassing US$18.23 billion.

The bank expects strong demand from Web3 ecosystem participants, including family offices and high-net-worth individuals.

OCBC also said many of these investors hold significant capital in stablecoins in Asia, with much of it currently idle.

Kenneth Lai added: “We believe digital assets will play an increasingly important role in financial services, and our focus is on bridging traditional finance with the emerging world of decentralised finance.”

PHOTO: UNSPLASH

This article was created with AI assistance.

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