PANews April 21 news, according to Cointelegraph, Singapore's OCBC Bank subsidiary asset management company Lion Global Investors and other institutions have launched a tokenized physical gold fund, with the underlying token GOLDX issued on Ethereum and Solana, aimed at institutional investors, hedge funds, and asset management companies, which can be traded using stablecoins and fiat currency. The token is linked to the LionGlobal Singapore physical gold fund, which was launched last December and managed approximately $525 million in assets as of April 16.

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