According to The Straits Times, DBS Group, the largest bank in Singapore and Southeast Asia by asset size, announced that it will roll out “DBS Physical Gold Tokens” for retail customers via its digibank app in the second half of 2026. The initiative comes as Singapore is fully focused on building itself into a gold trading hub. It is understood that this product will be Singapore’s first solution that allows retail investors to digitally acquire, hold, and trade tokenized physical gold through a single platform. Each token will be fully backed by 1 gram of physical gold stored by DBS in its dedicated vault in Singapore.