Hang Seng Investment has launched the "Hang Seng Gold ETF" (03170.HK), set to list on the Hong Kong Stock Exchange on January 29. The ETF, with a net asset value of HKD 16 per unit as of January 23, will offer tokenized non-listed fund units on the Ethereum blockchain. HSBC Bank will act as the tokenization agent, allowing fund unit holders to subscribe or redeem through qualified distributors. The ETF holds physical gold stored in Hong Kong, with HSBC's subsidiary as the custodian.