DBS Bank Singapore is set to introduce tokenized gold trading for retail clients in the latter half of 2026. The new product, named DBS Physical Gold Token, will see each token backed by 1 gram of physical gold stored in a dedicated vault by DBS Bank in Singapore. This initiative marks a significant shift as it opens up gold trading, previously limited to institutional and accredited investors, to retail clients. The bank plans to self-issue and manage the tokens, with potential listing on the DBS Digital Exchange, which currently caters to accredited investors. James Tan, Head of Investment Products at DBS Bank, highlighted that this move will enhance accessibility for retail clients who previously could only invest in gold through funds.