OJK prepares gold ETFs and tokenisation to strengthen the bullion industry

Jakarta - The Financial Services Authority (OJK) is preparing a gold Exchange Traded Fund (ETF) product alongside developing gold tokenisation as part of efforts to deepen the market and strengthen the bullion bank industry in Indonesia. As part of the implementation, OJK issued Regulation OJK (POJK) Number 2 of 2026 concerning investment funds in the form of collective investment contracts (KIK) whose unit participations are traded at securities firms with underlying assets in gold, known as gold ETFs. ‘This OJK regulation is designed to support accelerated market deepening and align with the work programme for implementing bullion activities as a strategic instrument to boost the national economy, which is currently pursued by the government,’ said Dian Ediana Rae, Executive Director of Banking Supervision at OJK, during the Launch of the Indonesia Bullion Ecosystem Roadmap in Jakarta on Friday. Dian Ediana Rae also said that the move to prepare ETFs and gold tokenisation is laid out in the roadmap for the development and strengthening of the national bullion ecosystem for the 2026-2031 period. In addition to ETFs, OJK is promoting financial innovation through the development of gold tokenisation. Currently, gold tokenisation is being tested in OJK’s regulatory sandbox and shows positive progress. He reported that during the sandbox trial, 3,750 grams of gold had been tokenised with a transaction value of around Rp8 billion.