OCBC Launches GOLDX Tokenized Gold Fund on Ethereum and Solana

ETH-0,95%
SOL-1,08%

Gate News message, April 21 — OCBC, one of Singapore’s largest banking and financial services groups, launched GOLDX, a tokenized physical gold fund issued on both the Ethereum and Solana blockchains. The initiative was developed in partnership with OCBC’s asset management subsidiary Lion Global Investors and digital asset exchange DigiFT.

GOLDX is designed primarily for institutional investors, hedge funds, and asset managers. Investors can purchase the token using stablecoins or traditional fiat currencies, with tokens delivered directly to blockchain wallets. The token provides on-chain exposure to the LionGlobal Singapore Physical Gold Fund, which held approximately $525 million in assets under management as of mid-April.

According to Kenneth Lai, head of global markets at OCBC, the launch represents an important milestone in the bank’s strategy to create stronger links between traditional finance and the decentralized finance ecosystem. By tokenizing access to the fund, OCBC aims to attract Web3 participants and high-net-worth individuals already active in cryptocurrency markets.

Tokenized real-world assets (RWAs) have experienced strong growth in 2026, with total RWA value on public blockchains surpassing $29 billion as of mid-April, up more than 10% from the previous month. Gold prices traded within a relatively tight range between approximately $4,775 and $4,831 per ounce over the past seven days.

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