OCBC issues GOLDX token on Ethereum and Solana

OCBC announced Monday it launched GOLDX, a digital token issued on Ethereum and Solana that provides on-chain exposure to the LionGlobal Singapore Physical Gold Fund. Subscriptions can be paid in fiat or stablecoins and tokens are delivered to investors’ blockchain wallets after purchase.

The token was developed with Lion Global Investors, OCBC’s asset management arm, and digital asset exchange DigiFT. OCBC said the LionGlobal Singapore Physical Gold Fund began in December and held about $525 million (669 million Singapore dollars) in assets under management as of April 16.

OCBC positioned the offering for institutional investors, hedge funds, asset managers and high-net-worth individuals active in blockchain and cryptocurrency ecosystems. GOLDX is issued on both Ethereum and Solana to allow trading and custody on either network.

Kenneth Lai, head of global markets at OCBC, described the launch as part of the bank’s corporate strategy, saying,

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 decentralized finance.

Data from rwa.xyz estimates tokenized real-world assets on public blockchains at more than $29 billion, up over 10% in the past 30 days. OCBC previously used blockchain to issue a tokenized equity-linked note to accredited investors in 2023.

OCBC reported total assets of about $526 billion as of December 2025. The GOLDX token links a regulated physical-gold fund to blockchain-based trading and custody.