HSBC launches tokenized gold for retail customers in Hong Kong
After launching its tokenized gold for institutional users in November 2023, the bank is now expanding the HSBC Gold Token to retail users in Hong Kong.
After launching its tokenized gold for institutional users in November 2023, the bank is now expanding the HSBC Gold Token to retail users in Hong Kong.
Building on its previous report, the Technology Working Group's latest paper shines light on the potential of innovative technologies in the U.K.'s asset management industry.
Experts forecast that Hong Kong could add $20.5 billion to its economy by 2032 as it ramps up CBDC and tokenization initiatives, while the growth of the Web3 sector is also seen as a contributor.
SMFL's pilot offering will use Vertalo and integrate asset tracking platform AssetForce in an attempt to revolutionize Japan's real estate sector as asset tokenization gathers steam.
On Day 1 of sCrypt Hackathon 2024, sCrypt Co-Founder Xiaohui Liu tackles the basics of Bitcoin and why the world struggles to develop a mainstream killer app despite the presence of the network for over a decade now.
The Israeli Ministry of Finance recently published a report on Project Eden, which listed efficiency, transparency, and enhanced security as benefits of blockchain.
As interest in digital asset investments grows, Deutsche Börse eyes developing a platform that would make tokenized assets fungible for institutional clients and boost its profit in the long run.
Cracks are appearing in the Ethereum Foundation following reports that the U.S. SEC is probing the group ahead of plans to label the ETH token an unregistered security.
Sony Bank's NFT and Web3 app will be commercially available for Android users and will rely on Sony's private blockchain; it will also roll out a green finance security token in the coming months.
The HKMA's CBDC project supporting tokenization will center on innovative infrastructure for interbank settlement, with aid from banking institutions, the CBDC expert group, and industry players.
If you’re interested in blockchain utility, there’s no other place to be but at the London Blockchain Conference 2024 to explore how this tech can revolutionize the world. Grab your tickets now!
As it moves to fully embrace emerging technologies, HSBC Hong Kong plans to offer tokenized assets to its wealth management clients, with experts predicting the offering could include tokenized gold.