RCBC, PDAX explore tokenized gold access

By Sun Star Davao Digital

From L-R: Michael Christopher Cruz, First Vice President and Head of Usage and Strategic Business, RCBC, Lito Villanueva, Executive Vice President and Chief Innovations & Inclusion Officer, RCBC; Nichel Gaba, Chief Executive Officer, PDAX; and Kenneth Chua, Chief Financial and Business Development Officer, PDAX.

TAGUIG CITY — Rizal Commercial Banking Corporation (RCBC) has signed a Memorandum of Understanding (MOU) with the Philippine Digital Asset Exchange (PDAX) to explore making tokenized real-world assets, starting with gold, more accessible through an integrated digital customer experience.

Under the MOU, RCBC and PDAX will explore a connected customer experience that allows RCBC customers to conveniently access PDAX’s regulated digital-asset platform through RCBC’s digital channels.

Gold has long stood as one of the world’s most trusted stores of value, but owning it physically comes with real friction: storage, authenticity verification, and limited accessibility for the average investor. Tokenization is designed to address each of these barriers directly, and the partnership will explore how customers could eventually access PDAX’s tokenized gold offering through a simpler, fully digital experience.

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