OCBC Expands Digital Asset Strategy with Tokenized Gold Fund Launch

OCBC, one of Singapore's premier financial institutions, has officially launched a tokenized physical gold fund. The new instrument, GOLDX, is issued across both the Ethereum and Solana networks, marking a strategic expansion of the bank's blockchain capabilities. Developed in collaboration with DigiFT and Lion Global Investors, the fund specifically targets institutional investors, hedge funds, and asset managers. The tokens can be traded using either fiat currencies or stablecoins, with delivery made directly to the investors' blockchain wallets. The GOLDX token provides on-chain access to the Lion Global Singapore Physical Gold Fund, which reported assets under management of approximately $525 million (669 million SGD) as of April 16. This move comes amid a broader surge in real-world asset (RWA) tokenization, with the total value of such assets on public blockchains exceeding $29 billion—a 10% increase over the last 30 days. This launch follows OCBC's 2023 introduction of tokenized equity-linked notes for accredited investors. With total assets estimated at $526 billion as of December 2025, OCBC is positioning itself to capture the growing intersection of traditional asset management and Web3 infrastructure, aiming to attract participants already operating within the cryptocurrency ecosystem.