OCBC, considered one of Singapore’s largest banking and monetary companies firms, has launched a tokenized bodily gold fund, with the underlying token, GOLDX, issued on each Ethereum and Solana.
The launch was made along with its asset administration arm, Lion International Buyers and digital asset alternate DigiFT. The token is geared toward institutional traders, hedge funds and asset managers and will be purchased and bought utilizing each stablecoins and fiat currencies. After subscription, the token is delivered on to traders’ blockchain wallets, OCBC stated on Monday.
Kenneth Lai, head of worldwide markets at OCBC, stated the transfer is a part of a brand new company technique and a milestone within the company’s blockchain-focused strategy.
“We imagine digital belongings will play an more and more essential position in monetary companies and our focus is on bridging conventional finance with the rising world of decentralized finance,” he stated.
The worth of tokenized real-world belongings on public blockchains has been on the rise in 2026, and is sitting at over $29 billion, up over 10% within the final 30 days, in response to knowledge from rwa.xyz.
GOLDX token tied to a bodily gold fund
OCBC’s GOLDX token presents on-chain publicity to the LionGlobal Singapore Bodily Gold Fund, which launched in December and had about $525 million (669 million Singapore {dollars}) in belongings beneath administration as of April 16, in response to OCBC.
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The objective of the tokenized fund is to draw Web3 ecosystem individuals and high-net-worth people who function in blockchain and cryptocurrency ecosystems, in response to OCBC.
OCBC has used blockchain know-how earlier than, beginning with its first tokenized equity-linked observe for accredited traders in 2023. Its whole belongings have been estimated at about $526 billion as of December 2025.
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