At the 2020 Tokyo Olympics in 2021, Bencic beat Jessica Pegula, Misaki Doi, French Open champion Barbora Krejčíková and Anastasia Pavlyuchenkova to reach the semifinals. A three-set victory over Elena Rybakina guaranteed Bencic a medal. She would defeat Markéta Vondroušová 7–5, 2–6, 6–3 in the final, to become the first Swiss woman to win the gold medal in singles.