Hang Seng Launches Ethereum-Based Tokenized Gold ETF in Hong Kong Market

TLDR: Hang Seng Gold ETF (03170.HK) launched with Ethereum tokenization, gaining 9% in early trading hours.  HSBC serves as tokenization agent while physical gold remains stored in designated Hong Kong vaults.  Tokenized units require qualified distributors for subscription; secondary market trading remains restricted.  Launch aligns with Hong Kong’s strategy to bridge traditional finance with regulated [...]

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