Global banking giant will make a pioneering move by launching gold token issuance
HSBC will be the first bank to step into the real-world asset (RWA) sector in the crypto space by issuing gold-backed tokens for individual customers in Hong Kong.
The global bank announced that it has started the issuance of tokenized gold for its Hong Kong customers. Bank customers will be able to purchase HSBC's gold token through the bank's Blockchain platform Orion and online banking applications.
HSBC will be the first bank to step into the real-world asset (RWA) sector in the crypto space by issuing gold-backed tokens for individual customers in Hong Kong.
The global bank announced that it has started the issuance of tokenized gold for its Hong Kong customers. Bank customers will be able to purchase HSBC's gold token through the bank's Blockchain platform Orion and online banking applications.