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Coverage is mostly measured — 8 of 8 reports stay neutral.
The provided sources do not contain information regarding DBS Bank offering tokenized gold to retail customers. The available reports focus on DBS Bank's initiatives in other digital asset areas, including the launch of a tokenized money market fund in partnership with Franklin Templeton, the development of programmable digital Singapore dollar vouchers for government use, and previous efforts to expand cryptocurrency trading services to accredited and affluent clients.
DBS Bank has launched Singapore's first tokenized money market fund for retail investors in collaboration with Franklin Templeton.
The tokenized money market fund allows for a minimum investment of $20 and utilizes blockchain technology for recordkeeping.
DBS is conducting a live pilot for 'purpose-bound money-based' vouchers using tokenized Singapore dollars to facilitate instant settlement for merchants.
DBS previously expanded cryptocurrency exchange services to 300,000 affluent and accredited clients, though retail access to crypto trading has faced regulatory and internal delays.
The provided sources do not mention any offering of tokenized gold by DBS Bank.
The minimum investment for the Franklin Templeton tokenized money market fund offered through DBS is $20.
The pilot aims to use programmable digital vouchers to enable instant settlement and payments for SMEs and retail shopfronts.
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