Marketnode, Lion Global Bring Singapore-Vaulted Gold Fund Onchain on Solana
CoinDesk
Marketnode and Lion Global Investors are tokenizing the Singapore Physical Gold Fund on the Solana blockchain.Summary
Marketnode, in partnership with Singapore-based asset manager Lion Global Investors, is bringing the Lion Global Investors' Singapore Physical Gold Fund onto the Solana blockchain. This tokenization allows investors to subscribe to and redeem units on-chain via Marketnode’s distribution network while maintaining traditional custody, full insurance for allocated gold bars, and an option for in-kind redemption. Additionally, LionGlobal's Enhanced Liquidity funds in SGD and USD will be accessible through the same platform. This move contributes to the growing tokenized gold market, which recently surpassed $4.1 billion in capitalization, following other recent sovereign-backed gold token launches.
(Source：CoinDesk)