Blockchain-Backed Gold Fund Launched in Southeast Asia

A new development in the world of digital finance has seen a consortium of OCBC, Lion Global Investors, and DigiFT launch a tokenized physical gold fund on blockchain.

The fund, which marks Southeast Asia's first on-chain offering of its kind, aims to provide institutional investors with transparent and efficient access to physical gold. By leveraging blockchain technology, the fund seeks to bridge the gap between traditional financial assets and decentralized infrastructure.

Known as GOLDX, the tokenized asset is designed to mirror the performance of the LionGlobal Singapore Physical Gold Fund, which is managed by Lion Global Investors.