🚨 A Historic Development: Physical Gold + Digital Asset Platforms
Hong Kong's Secretary for Financial Services announced:
📌 The Hang Seng Gold ETF will be distributed through licensed digital asset trading platforms.
Key Points:
🥇 Hong Kong's first physical gold ETF
🏦 Investors can physically redeem the gold through banks
🪙 Tokenized version undergoing final testing
📅 Expected launch: Q1 2026
💵 Current denomination only in US dollars
❌ Digital version will not allow physical redemption of gold
This isn't just an ETF…
It's a practical step towards the tokenization of traditional assets 🌍
Gold officially enters the world of digital platforms 🔥