Key Takeaways:
- HashKey Exchange lists a tokenized version of the Hang Seng Gold ETF.
- This is the first physical gold ETF on a licensed Hong Kong crypto platform.
- The move advances real-world asset (RWA) tokenization under local regulations.
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HashKey lists first tokenized gold ETF in Hong Kong for investors
Hong Kong’s HashKey Exchange has listed a tokenized version of the Hang Seng Gold ETF, the first physical gold exchange-traded fund available on a licensed digital asset platform in the city for eligible professional investors.
"The initiative serves as a proof-of-concept for other traditional financial institutions to bring assets on-chain," a HashKey spokesperson said in a statement. "This could potentially unlock new liquidity and investment products in the digital asset space."
The product is a tokenized, non-listed T-class (USD ACC) of the Hang Seng Gold Exchange Traded Fund. This move follows Hong Kong's regulatory push to create a framework for real-world asset (RWA) tokenization, which gained momentum after the Securities and Futures Commission (SFC) published guidance on the practice. The listing makes a traditional safe-haven asset accessible to a new class of digital-native investors.
This launch is expected to accelerate the tokenization of real-world assets in Asia, a market projected to grow significantly. By bringing a regulated gold-backed product to a licensed exchange, it provides a crucial test case for the SFC's framework and could encourage other financial products, from bonds to real estate, to be tokenized. The key metric to watch will be the trading volume and assets under management for this new tokenized class over the next six months.
This article is for informational purposes only and does not constitute investment advice.
