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Bitcoin.com 2024-04-02 05:41:23

HSBC Launches Tokenized Gold Product Targeting Hong Kong Market

HSBC, the London-based financial institution, launched the first bank-backed tokenized gold product for its customers in Hong Kong. HSBC Gold Token will allow retail investors to purchase tokenized gold from their smartphones using the bank’s online app, democratizing access to these gold contracts for retail customers and leveraging distributed ledger technology. HSBC Debuts Tokenized Gold

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