OCBC Bank has launched a tokenized physical gold fund, with its underlying token, GOLDX, issued on both Ethereum and Solana.
The initiative was rolled out in partnership with Lion Global Investors and DigiFT. Designed for institutional investors, hedge funds and asset managers, the token can be traded using stablecoins or fiat currencies and is delivered directly to investors’ blockchain wallets upon subscription.
Kenneth Lai said the launch marks a key step in the bank’s broader blockchain strategy, emphasizing its goal of bridging traditional finance with decentralized finance.
“We believe digital assets will play an increasingly important role in financial services,” Lai said.
The move comes as tokenized real-world assets continue to gain traction. According to data from rwa.xyz, the total value of such assets on public blockchains has surpassed $29 billion in 2026, rising more than 10% over the past month.
GOLDX token tied to a physical gold fund
The GOLDX token from OCBC Bank provides on-chain exposure to the LionGlobal Singapore Physical Gold Fund, which launched in December and had approximately $525 million (669 million Singapore dollars) in assets under management as of April 16.
According to OCBC, the tokenized fund is designed to attract participants from the Web3 ecosystem, as well as high-net-worth individuals active in blockchain and cryptocurrency markets.
OCBC has previously explored blockchain-based financial products, including launching its first tokenized equity-linked note for accredited investors in 2023. The bank’s total assets were estimated at around $526 billion as of December 2025.
