According to official statements, the tokenized gold assets will be issued on Solana, with all bullion vaulted and insured in Singapore.
Marketnode and Singapore-based asset manager Lion Global Investors confirmed on Dec. 11 the tokenization of physical gold stored in Singapore vaults, issuing the assets on the Solana network. The gold-backed units will be fully vaulted and insured, with investors able to redeem holdings in kind. This initiative forms part of the LionGlobal Singapore Physical Gold Fund, expanding onchain access to traditional gold custody.