In a landmark development for the tokenization of real-world assets (RWAs), OCBC Bank, Lion Global Investors, and DigiFT have launched Southeast Asia’s first on-chain tokenized physical gold fund. Branded as the GOLDX token, the initiative provides a regulated bridge between traditional gold reserves and public blockchain infrastructure.
The GOLDX token is issued on both the Ethereum and Solana blockchains, enabling institutional and accredited investors to access gold exposure through digital tokens. The structure allows subscriptions using both fiat currencies and stablecoins, with tokens delivered directly to blockchain wallets which they can redeem for stablecoins or fiat.
Head of Global Markets at OCBC Bank, Kenneth Lai, described the launch as “a milestone in strengthening our Group-wide digital asset proposition,” adding that the initiative aims to bridge traditional finance with decentralized finance while maintaining robust investor safeguards.
MAS-regulated framework and transparency
The initiative operates within a fully regulated environment supported by three entities overseen by the Monetary Authority of Singapore: OCBC Bank, Lion Global Investors, and DigiFT. They will collectively provide governance, risk management, and asset verification, ensuring institutional-grade safeguards.
The framework delivers regulated, on-chain exposure to a physically backed gold fund managed by Lion Global Investors, which is backed by physical gold vaulted securely in Singapore.
The underlying LGI Physical Gold Fund has seen explosive growth, reaching S$669.4 million in assets as of April 16, 2026. This rapid accumulation highlights a strong flight to safety among Asian investors amid persistent geopolitical and economic uncertainty.
Lion Global Investors CEO, Teo Joo Wah, stated that the underlying fund offers both physical asset backing and strong governance, providing investors with confidence alongside exposure to gold performance.
Investors can subscribe through the DigiFT platform and later redeem their holdings for fiat or stablecoins, ensuring liquidity alongside blockchain-based efficiency. This approach combines traditional asset backing with the benefits of decentralized infrastructure, including transparency, faster settlement, and interoperability across digital ecosystems.
Growing demand for tokenized RWAs
The launch comes amid strong growth in the tokenized RWA market. Industry data indicates rising demand for blockchain-based access to traditional financial instruments, particularly among institutional investors and Web3-native participants.
The offering is expected to attract family offices and high-net-worth individuals holding significant capital in stablecoins, enabling them to deploy these funds into gold-backed instruments within a regulated structure.
The release also follows closely on the heels of Singapore Gulf Bank going live on Solana with stablecoin rails allowing clients to move between fiat and digital assets directly from their bank accounts.
Together, these developments reflect Singapore’s broader ambition to position itself as a global hub for regulated digital asset innovation. As tokenization of real-world assets continues to expand, such initiatives are expected to reshape how investors access and manage traditional assets in a digital environment.
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