Expanding investment options for gold, OCBC, its investment arm Lion Global Investors and digital asset exchange DigiFT have launched the OCBC-LionGlobal Physical Gold Fund token (GOLDX token) on April 20.
GOLDX token is Southeast Asia’s first tokenised physical gold fund available on a public blockchain, specifically Ethereum and Solana blockchains. Institutional and accredited investors can use stablecoins or fiat currencies to subscribe to the tokens via the DigiFT platform. The tokens will be delivered to investors' blockchain wallets and can be redeemed for stablecoin or fiat currencies.
The token provides exposure to the LionGlobal Singapore Physical Gold Fund, Singapore’s first gold fund backed by physical gold vaulted in Singapore. Since its launch in November 2025, the fund size has grown to nearly $670 million as investors perceive gold as a safe-haven asset amid sustained geopolitical tensions and economic uncertainty.
“The LionGlobal Singapore Physical Gold Fund was created for investors who are not just seeking exposure to gold but also the assurance of physical asset backing and robust institutional governance,” says Lion Global Investors CEO Teo Joo Wah. “We are pleased to work with OCBC and DigiFT to provide more avenues for investors to gain exposure to the performance of the fund.”
Demand for GOLDX token is expected to be strong, especially from Web3 ecosystem participants who operate within decentralised, blockchain-based environments. These include family offices and high-net-worth individuals who hold significant capital in stablecoins in Asia, much of it currently sitting idle. According to digital-asset data and analytics platform Allium, the tokenised real-world asset market exceeded US$18.2 billion in January 2026, an almost ten-fold increase over two years.
“We believe digital assets will play an increasingly important role in financial services, and our focus is on bridging traditional finance with the emerging world of decentralised finance,” says OCBC head of global markets Kenneth Lai. “By bringing real-world assets on-chain — like we have done with this token — we aim to enable stablecoin capital to be invested in these assets while maintaining the standards and safeguards expected by investors."
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Asset tokenisation is the process of converting ownership rights of physical or financial assets into digital tokens on a blockchain. These tokens represent legal ownership and allow assets to be traded, managed and fractionalised. For gold, tokenisation has the potential to turn the metal into a yield-bearing asset as well as increasing its liquidity and allowing more investor participation through fractionalisation.
DigiFT founder and group CEO Henry Zhang says the launch advances how eligible investors can access and operationalise physically backed gold exposure through a “regulated” digital format. “This tokenised access pathway supports investors who want institutional-grade exposure delivered in a way that can integrate with modern digital custody, settlement, and portfolio workflows, contributing to a more open and interoperable financial system,” he says.
OCBC originated and led the structuring of the GOLDX token’s issuance, shaping the product architecture and commercial framework. The bank worked with DigiFT to enable the tokenisation and digital distribution of the GOLDX token, while Lion Global Investors provided the investment framework and governance of the underlying fund.
The three entities involved in the GOLDX token are regulated by the Monetary Authority of Singapore. They share that the token is issued in a “fully regulated” environment and that GOLDX token investors will enjoy strong governance, institutional-grade risk management controls, and transparent, verifiable asset backing, while still gaining the efficiency and interoperability benefits that are characteristic of public-blockchain-based RWAs.
