The post OCBC Launches GOLDX Tokenized Physical Gold Fund in Singapore appeared on BitcoinEthereumNews.com. The token is targeted towards institutional investorsThe post OCBC Launches GOLDX Tokenized Physical Gold Fund in Singapore appeared on BitcoinEthereumNews.com. The token is targeted towards institutional investors

OCBC Launches GOLDX Tokenized Physical Gold Fund in Singapore

2026/04/21 16:15
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The token is targeted towards institutional investors, hedge funds, and asset managers, and can be bought using stablecoins or fiat currencies before being transferred to blockchain wallets. GOLDX provides on-chain exposure to the LionGlobal Singapore Physical Gold Fund, which held around $525 million in assets under management as of mid-April. 

OCBC Launches Tokenized Gold Fund GOLDX

OCBC, one of Singapore’s largest banking and financial services groups, launched a tokenized physical gold fund. The new offering introduces an underlying token called GOLDX, which has been issued on both the Ethereum and Solana blockchains. 

The initiative was developed in partnership with OCBC’s asset management subsidiary, Lion Global Investors, as well as digital asset exchange DigiFT. 

Announcement from OCBC

The GOLDX token is designed primarily for institutional investors, hedge funds, and asset managers. Investors can purchase and trade the token using either stablecoins or traditional fiat currencies, which gives it some flexibility across both crypto-native and conventional financial markets. Once subscribed, the tokens are delivered directly to investors’ blockchain wallets.

According to Kenneth Lai, head of global markets at OCBC, the launch is an important milestone in the bank’s corporate strategy. He explained that digital assets are expected to become much more influential in the financial services industry. OCBC’s focus, he said, is on creating stronger links between traditional finance and the decentralized finance ecosystem. 

The GOLDX token provides on-chain exposure to the LionGlobal Singapore Physical Gold Fund. This fund was launched in December and had approximately $525 million in assets under management as of mid-April. By tokenizing access to the fund, OCBC hopes to attract new categories of investors, including Web3 participants and high-net-worth individuals who are already active in cryptocurrency and blockchain markets.

Total RWA value (Source: RWA.xyz)

Tokenized real-world assets have experienced strong growth in 2026. Data from RWA.xyz estimates that the value of such assets on public blockchains has surpassed $29 billion, which is an increase of more than 10% over the previous month. 

Gold’s price over the past 7 days (Source: CoinCodex)

Over the past seven days, gold prices traded within a relatively tight range between approximately $4,775 and $4,831 per ounce. The metal experienced some early volatility before climbing around April 17.

Source: https://coinpaper.com/16426/ocbc-launches-goldx-tokenized-physical-gold-fund-in-singapore

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