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HSBC Floats First Blockchain-Based Real-World Asset for Retail Investors as Its Tokenized Gold Goes Live
HSBC, one of the world’s largest financial institutions, has achieved a historic feat by introducing the first blockchain-based real-world asset aimed at retail investors. According to the bank, the move aligns with its efforts to offer retail investors in Hong Kong unhindered access to tokenized gold. By launching the HSBC Gold Token, the bank aims to integrate blockchain technology into traditional banking services. Thereby, positioning HSBC as a leader in the fast-paced landscape of tokenization.
As it was detailed in a local news report by South China Morning Post, the bank has revealed that the HSBC Gold Token is minted on its proprietary Orion digital assets platform. It also shared that users may access the service via the HSBC Online Banking and the HSBC HK Mobile App.
HSBC Sets the Pace with Gold Token
For what it’s worth, banks and financial in
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