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Marketnode, Lion Global Bring Singapore-Vaulted Gold Fund Onchain on Solana
The fund offers exposure to physical gold bars vaulted and insured in Singapore, with traditional custody and an option for in-kind redemption.
Dec 11, 2025, 11:59 a.m.
What to know:
- Marketnode and Lion Global Investors are bringing the LionGlobal Singapore Physical Gold Fund onchain on Solana, allowing investors to buy and redeem gold-backed units onchain.
- The fund offers exposure to physical gold bars vaulted and insured in Singapore, with traditional custody and an option for in-kind redemption.
- The tokenized gold market is growing, with a market capitalization over $4.1 billion, and follows recent launches of similar products, including Bhutan's sovereign-backed gold token and Kyrgyzstan's gold-backed stablecoin.
Marketnode and Singapore-based asset manager Lion Global Investors are bringing the latter's Singapore Physical Gold Fund onchain on Solana, offering exposure to gold bars fully vaulted and insured in Singapore.
The fund lets investors subscribe to and redeem units onchain through Marketnode’s distribution network while keeping traditional custody, full insurance on allocated bars and an option for in-kind redemption, according to an emailed announcement on Thursday.
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LionGlobal's Enhanced Liquidity funds in SGD and USD will also be available through the same platform.
Tokenized gold's market capitlaization has now topped the $4.1 billion mark according to CoinGecko. Earlier this week, Bhutan unveiled TER, a sovereign-backed gold token on Solana tied to state reserves, following soon after Kyrgyzstan introduced USDKG, a gold-backed stablecoin pegged to the U.S. dollar.
Rising gold prices, which hit a record $4,400 an ounce in October before correcting to $4,200, and clearer rules such as the U.S. GENIUS Act have provided a tailwind to the tokenized gold market, which is dominated Tether’s XAUT and Paxos’ PAXG.
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
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