Hang Seng Investment Officially Launches Tokenized Gold ETF in Hong Kong

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Hang Seng Investment has officially entered a new era of gold trading by launching its innovative product, Hang Seng Gold ETF, which was listed on the Hong Kong Stock Exchange at the end of January. This product marks a significant step in integrating traditional assets with modern blockchain technology, providing broader access for investors.

Gold ETF Innovation with Ethereum Blockchain Technology

The exchange-traded fund offers unlisted and digitized fund units, creating a more efficient trading ecosystem. Ethereum blockchain was chosen as the technological backbone in the initial launch phase, although Hang Seng Investment is open to exploring other public blockchain infrastructures in the future, as long as they meet security standards and distributed ledger technology requirements.

This technological flexibility demonstrates Hang Seng Investment’s long-term commitment to creating an adaptable and scalable foundation for their products.

HSBC Acts as Tokenization Agent and Transaction Mechanism

As the primary tokenization agent, HSBC plays a crucial role in processing digitized fund units, ensuring the security and validity of each transaction. Fund unit holders can easily subscribe to or redeem their digitized units through a certified distribution network that meets strict regulatory standards.

This mechanism is designed to provide high liquidity and full transparency to investors, while also maintaining the integrity of the underlying gold assets.

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