Gate News message, April 21 — OCBC, one of Singapore’s largest banking and financial services groups, launched GOLDX, a tokenized physical gold fund issued on both the Ethereum and Solana blockchains. The initiative was developed in partnership with OCBC’s asset management subsidiary Lion Global Investors and digital asset exchange DigiFT.
GOLDX is designed primarily for institutional investors, hedge funds, and asset managers. Investors can purchase the token using stablecoins or traditional fiat currencies, with tokens delivered directly to blockchain wallets. The token provides on-chain exposure to the LionGlobal Singapore Physical Gold Fund, which held approximately $525 million in assets under management as of mid-April.
According to Kenneth Lai, head of global markets at OCBC, the launch represents an important milestone in the bank’s strategy to create stronger links between traditional finance and the decentralized finance ecosystem. By tokenizing access to the fund, OCBC aims to attract Web3 participants and high-net-worth individuals already active in cryptocurrency markets.
Tokenized real-world assets (RWAs) have experienced strong growth in 2026, with total RWA value on public blockchains surpassing $29 billion as of mid-April, up more than 10% from the previous month. Gold prices traded within a relatively tight range between approximately $4,775 and $4,831 per ounce over the past seven days.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
ETH and Altcoins Could See Parabolic Surge Upon Following Bullish Russell 2000 ATH Path
ETH and altcoins coils see parabolic surge upon following a bullish indicators.
The Russell 2000 just set a new ATH at 2,798 for the first time.
This new ATH indicator is a bullish signal for altcoins.
The crypto community is pleased to see that both BTC and ETH are trading at higher
CryptoNewsLand9m ago
Bitmine’s weekly net accumulation exceeds 100k ETH, moving even closer to the “5% of total Ethereum supply” target
Bitmine increases its weekly holdings by 101,627 ETH, bringing its total holdings to nearly 5 million ETH. This article breaks down the logic behind institutional-grade ETH accumulation of staking returns, the trend toward institutionalization, and its impact on Ethereum’s supply structure.
GateInstantTrends39m ago
Arbitrum Security Council Freezes 30,766 ETH From KelpDAO Exploit, 9 of 12 Members Vote in Favor
Arbitrum froze 30,766 ETH from the KelpDAO hack, worked with law enforcement, and recovered about a quarter of assets, while locking funds pending governance amid decentralization versus security debates.
Abstract: This article reports that the Arbitrum Security Council froze 30,766 ETH (about $70 million) tied to the KelpDAO exploit, with nine of twelve votes, and moved funds to a secure wallet in coordination with law enforcement. The operation targeted only affected assets to minimize network disruption. The exploiter is suspected to be DPRK-associated. The breach began April 18 via a LayerZero-powered bridge, draining 116,500 rsETH (~$292 million). About a quarter of stolen assets have been recovered. The frozen funds will remain locked until governance and legal authorities decide the next steps, prompting debate over decentralization versus security.
GateNews1h ago
Tether Mints 1 Billion USDT on Ethereum
Gate News message, April 21 — According to Onchain Lens, Tether minted 1 billion USDT on Ethereum eight minutes ago.
GateNews1h ago
Bitmine bought 101627 ETH last week! Tom Lee: Crypto winter is nearing its end
Bitmine Immersion Technologies (BMNR) announced on April 20 that it purchased 101,627 Ethereum (ETH) last week, the largest week-over-week purchase since 2026, bringing its total ETH holdings to 4,976,000. Bitmine chairman Tom Lee said publicly that the crypto winter is closer to ending than the market expects.
MarketWhisper4h ago
Arbitrum emergency freezes KelpDAO hacker’s 30,766 ETH
Arbitrum’s Security Committee announced on April 21 that it has taken emergency action to freeze 30,766 ETH on the Arbitrum One chain related to the KelpDAO hacker attack. With assistance from law enforcement agencies, the Security Committee confirmed the attacker’s identity and devised a technical plan to transfer the funds to an interim freeze wallet without affecting any other chain state or Arbitrum users.
MarketWhisper4h ago
