DBS to launch tokenized gold for retail clients in H2 2026

Singapore's largest bank, DBS, has announced the launch of a tokenized physical gold product for its retail clients. According to Reuters, the bank will offer the DBS Physical Gold Token through its digibank app in the second half of 2026. Each token will be pegged to one gram of physical gold stored by DBS in a dedicated vault in Singapore and will be redeemable for the physical metal.