DBS Preps Tokenized Gold Launch Amid Growing Institutional Demand

DBS Bank is poised to launch its DBS Physical Gold Tokens in the second half of 2026. Each token will be backed by one gram of physical gold stored in a dedicated vault in Singapore.

The news has caught the attention of the crypto community, particularly given DBS' existing connections with Ripple's ecosystem.

DBS has already listed RLUSD and collaborated with Ripple and Franklin Templeton on institutional lending workflows. The XRP Ledger also supports tokenized precious metals through Meld Gold.

The tokenization of real-world assets is accelerating, and the gold market could become one of the biggest sectors to move on-chain. If even a small percentage of the global gold market is tokenized, it could lead to massive institutional demand for infrastructure supporting these assets.