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Hong Kong sets gold token standard of one token per 400-ounce bar, Hui says

NewsFeeds update

Financial services and the treasury secretary, Christopher Hui, says Hong Kong will launch an interbank tokenised gold trading project under the HKMA's Ensemble, with one token per standard 400-ounce bar priced off the HAU benchmark. HKEX also plans a blockchain multi-asset platform, with tokenised carbon credits and, in 2027, LME-recognised warehouse receipts.

RegulationOdailyAIBullish

Read the original on Odaily

The story so far: Hong Kong tokenisation push

Hong Kong's Christopher Hui said tokenisation is moving from experimentation to implementation, with HKEX planning a tokenised warehouse receipt pilot. Acting Secretary Chan Ho-lim now says the city's pilot scheme backed nine projects and had tokenised HK$230m of assets by June.

Headlines only, oldest first. Open a headline for the full update and the outlet it came from.

  1. Hui says Hong Kong tokenisation is moving from experiment to implementation

  2. Hong Kong sets gold token standard of one token per 400-ounce bar, Hui says

  3. Hong Kong pilot scheme has tokenised HK$230m of assets, Chan Ho-lim says

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.