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HSBC, Hong Kong's largest bank, has introduced tokenized gold products for retail investors in Hong Kong, marking the first bank to tokenize a real-world asset on the blockchain. The HSBC Gold Token is minted on the bank's Orion digital assets platform and is available through HSBC Online Banking and the HSBC HK Mobile App. This move is seen as a pioneering step in advancing Hong Kong's asset tokenization efforts and comes as the government aims to promote publicly accessible digital assets to enhance the city's financial hub status.
🚀Tokenization of RWAs is gaining momentum❗️ Just recently, BlackRock unveiled a $100 million asset fund on the Ethereum platform. 💁Now, HSBC has joined the trend by introducing tokenized gold for its retail customers in Hong Kong. This landmark move positions @HSBC as the… https://t.co/dabwRKCSV2
HSBC has become the first bank to introduce a tokenized gold product https://t.co/eWVqJc3sUv #Bitcoin #BlackRock #HongKong
NEW: 🇭🇰 HSBC becomes the first bank to create a tokenised real world asset aimed at retail investors with its 'Gold Token'. https://t.co/h1ggSr78Id
