OCBC Issues Tokenized Physical Gold Fund on Ethereum and Solana
Cointelegraph
Singapore’s OCBC has launched the GOLDX token, allowing institutional investors to access a physical gold fund on the Ethereum and Solana blockchains.Summary
Singaporean financial institution OCBC has launched a tokenized physical gold fund called GOLDX, available on both Ethereum and Solana. Developed in partnership with Lion Global Investors and DigiFT, the token provides institutional investors, hedge funds, and asset managers with on-chain exposure to the LionGlobal Singapore Physical Gold Fund. This initiative allows for the purchase of gold tokens using both fiat and stablecoins, with assets delivered directly to investor wallets, marking a significant step in the bank's strategy to bridge traditional finance with decentralized blockchain ecosystems.
(Source：Cointelegraph)