According to Foresight News, the stablecoin payment and trading platform OSL Group (863.HK) announced today that it has become the main distributor for the Huaxia Digital Gold ETF. This fund, launched by Huaxia Fund (Hong Kong) Limited, is set to be listed on the Hong Kong Stock Exchange on May 29, 2026, making it the first fully tokenized gold fund in Hong Kong.

This fund is the world's first and only tokenized gold ETF that allows for redemption in three currencies (USD, HKD, and RMB). The physical gold is stored in institutional-grade vaults in Hong Kong and is 100% insured. Standard Chartered Bank will also act as the custodian for both the physical gold and digital tokens associated with this fund.

Eugene Cheung, Chief Business Officer of OSL Group, stated: "As a key distribution partner for the Huaxia Digital Gold ETF, OSL is thrilled to bring another high-quality tokenized investment option to the market. This not only enhances investors' product choices for allocating precious metals like gold on the OSL platform but also reaffirms OSL's market leadership in building a compliant digital asset ecosystem."