OCBC, Lion Global Investors and DigiFT have launched the GOLDX token, describing it as Southeast Asia’s first tokenised physical gold fund available on a public blockchain.
The token will be issued on Ethereum and Solana and gives institutional investors and corporate accredited investors on-chain exposure to the LionGlobal Singapore Physical Gold Fund, which is managed by Lion Global Investors.
Through DigiFT, eligible investors can subscribe using stablecoins or fiat currencies, receive the token in their blockchain wallets and later redeem it for stablecoins or fiat currencies.
According to OCBC, the launch of the tokenised physical gold fund brings together three Monetary Authority of Singapore-regulated entities.
OCBC originated and led the structuring of the issuance and worked with DigiFT on the tokenisation and digital distribution of the product.
Lion Global Investors provided the investment framework and governance for the underlying fund.
The underlying fund had S$669.4 million, or about US$525.9 million, in assets under management as of 16 April 2026, four months after launch.
Kenneth Lai, Head of Global Markets, OCBC, said,
“This is a milestone in strengthening our group-wide digital asset proposition. 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.
By bringing real-world assets on-chain – like we have done with this token – we aim to enable stablecoin capital to be invested in these assets while maintaining the standards and safeguards expected by investors.”
Data from Allium showed the tokenised real-world asset market had grown to more than US$18.23 billion by January 2026, up from US$1.89 billion in January 2024.
Featured image: Edited by Fintech News Singapore, based on image by Borin via Freepik.
(From left) Kenneth Lai, Head of Global Markets, OCBC; Teo Joo Wah, Chief Executive Officer, Lion Global Investors; Henry Zhang, Founder and Group Chief Executive Officer, DigiFT
