Hang Seng Investment announced on January 27 that it will launch its gold exchange-traded fund, the "Hang Seng Gold ETF," as tokenized fund units on the Ethereum blockchain. HSBC will serve as the tokenization agent for this initiative. Initially, the ETF will operate on the Ethereum network, with potential plans to migrate to other public blockchains in the future. Investors will be able to subscribe to or redeem the tokenized fund units through qualified distributors.
Hang Seng to Launch Tokenized Gold ETF on Ethereum
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