According to Mars Finance, Lion Global Investors, an asset management arm of OCBC Bank in Singapore, and other institutions have launched a tokenized physical gold fund. The underlying token, GOLDX, has been issued on Ethereum and Solana. This product targets institutional investors, hedge funds, and asset management companies, and supports subscription and redemption via stablecoins or fiat currency. GOLDX is linked to Lion Global's Singapore physical gold fund, which is scheduled to launch in December 2025 and currently manages approximately US$525 million in assets.
OCBC Bank of Singapore has launched a tokenized gold fund, already issued on Ethereum and Solana.
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