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DBS Bank to launch tokenized physical gold through digibank app

DBS Bank to launch tokenized physical gold through digibank app

DBS plans to offer a retail gold token backed by 1 gram of vaulted physical gold in the second half of 2026, extending tokenized precious-metals access beyond institutional channels.

Fact Check
Reuters (primary) confirms every element of the claim: DBS launching a retail tokenized physical gold product via the digibank app in H2 2026, each token backed by 1 gram of vaulted physical gold, extending tokenized precious-metals access to retail. Crypto Briefing and a KuCoin news flash independently corroborate the same facts. There is no conflicting evidence.
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Summary

DBS Bank plans to launch tokenized physical gold through its digibank app in the second half of 2026, expanding retail access to precious metals in digital form. The DBS Physical Gold Token will be backed by 1 gram of physical gold held in a dedicated Singapore vault and will be issued and managed by DBS. The bank is also considering a listing on the DBS Digital Exchange for accredited investors. The move adds concrete detail to the bank’s tokenization push and underscores how traditional financial institutions are using blockchain-based structures to package real-world assets for a broader investor base.

Terms & Concepts
  • tokenized physical gold: Physical gold represented by digital tokens that track ownership of the underlying metal.
  • DBS Digital Exchange: DBS's digital asset trading platform for eligible investors, including accredited investors.
  • tokenization: The process of turning a real-world asset into a digital unit that can be issued and traded electronically.