OCBC has launched a physical gold token fund, creating real-world on-chain asset exposure to institutional investors.
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- OCBC has launched the GOLDX token on Ethereum and Solana, giving institutional investors access to a tokenized physical gold fund.
- The token provides exposure to the LionGlobal Singapore Physical Gold Fund, which held about $525 million in assets as of mid-April.
- The move comes as real-world token assets on the public blockchain exceed $29 billion, with major banks expanding into blockchain-based financial products.
OCBC He said The product was launched in partnership with Lion Global Investors and digital asset exchange DigiFT, with the GOLDX token issued on both the Ethereum and Solana blockchains. The bank stated that the token can be subscribed using fiat or stablecoins, with allocations delivered directly to investors’ blockchain wallets after purchase.
Institutional participation remains a primary focus, with the offerings designed for hedge funds, asset managers, and other large investors seeking exposure to gold through blockchain-based infrastructure. The move places OCBC among a growing list of global banks moving regulated financial products across the chain.
“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 decentralized finance,” Kenneth Lai, head of global markets at OCBC, said in an accompanying statement.
GOLDX provides direct exposure to the LionGlobal Singapore Physical Gold Fund, a vehicle launched in December that held about $525 million in assets under management as of April 16. The structure allows investors to access physically backed gold without relying on traditional settlement systems, while maintaining a link to real-world reserves.
Interest in real-world tokenized assets has accelerated through 2026, with the total value on public blockchains rising to more than $29 billion, representing an increase of more than 10% over the past month, according to rwa.xyz data. Gold-related products have emerged as one of the sectors attracting institutional interest, especially as geopolitical tensions and currency concerns continue to drive demand for safe-haven assets.
OCBC’s latest move builds on previous blockchain experiences, including an equity-linked note offered to accredited investors in 2023. The bank reported total assets of about $526 billion as of December 2025, placing it among the largest financial institutions in Southeast Asia to adopt the token.
The major banks were moving in a similar direction. In December 2025, J.P. Morgan Fired A $100 million tokenized money market fund on the Ethereum mainnet via its Kinexys platform, targeting institutional cash management through near real-time settlement. This initiative represents a step away from permissioned systems towards public blockchain infrastructure for regulated products.
Tokenized gold has also taken different forms in the market. As covered on crypto.news before, Libeara is backed by Standard Chartered Bank MG box made 999 In Singapore, it offers synthetic exposure to gold rather than holding physical bullion, while combining structure with lending to jewelery retailers.
OCBC’s approach is based on physical backing, aligning more closely with traditional fund structures while using blockchain rails for distribution and settlement. The bank said the product aims to attract participants from both traditional finance and crypto-native environments, especially high-net-worth individuals and companies already operating within digital asset ecosystems.
