OCBC Fires Up Tokenized Gold Fund on Ethereum and Solana

Singapore's OCBC has pulled the trigger on a tokenized physical gold fund, dropping its GOLDX token on both Ethereum and Solana blockchains. The project, cooked up with help from OCBC's asset management arm Lion Global Investors and digital asset exchange DigiFT, is aimed squarely at institutional investors, hedge funds, and asset managers. Buyers can grab the tokens using stablecoins or fiat, with delivery landing directly in investors' blockchain wallets faster than you can say "gold standard." Kenneth Lai, head of global markets at OCBC, framed the launch as part of a grand corporate vision to bridge traditional finance with the wild west of decentralized finance. "We believe digital assets will play an increasingly important role in financial services," Lai said—because apparently, the blockchain hype cycle continues to claim victims in the banking sector.

The tokenized gold offering brings on-chain exposure to the LionGlobal Singapore Physical Gold Fund, which debuted in December and was sitting on roughly $525 million (669 million Singapore dollars) in assets as of April 16. For those tracking the tokenized real-world assets space, data from rwa.xyz shows the total value of tokenized RWAs on public blockchains has crossed $29 billion—a solid 10% climb over the past 30 days in 2026. The fund is positioning itself to lure Web3 ecosystem players and high-net-worth individuals who already live and breathe blockchain and cryptocurrency environments.

OCBC isn't exactly a blockchain virgin, having issued its first tokenized equity-linked note for accredited investors back in 2023. As of December 2025, the bank was sitting on approximately $526 billion in total assets, making it one of Singapore's most heavyweight financial institutions. The GOLDX launch marks the bank's latest step toward weaving digital assets into its broader suite of financial services—because when you're that big, why not bet on a few more horses in the crypto race?