Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
![Spring Festival merchandise](https://exampl
Hang Seng Investment Officially Launches Tokenized Gold ETF in Hong Kong
Hang Seng Investment has officially entered a new era of gold trading by launching its innovative product, Hang Seng Gold ETF, which was listed on the Hong Kong Stock Exchange at the end of January. This product marks a significant step in integrating traditional assets with modern blockchain technology, providing broader access for investors.
Gold ETF Innovation with Ethereum Blockchain Technology
The exchange-traded fund offers unlisted and digitized fund units, creating a more efficient trading ecosystem. Ethereum blockchain was chosen as the technological backbone in the initial launch phase, although Hang Seng Investment is open to exploring other public blockchain infrastructures in the future, as long as they meet security standards and distributed ledger technology requirements.
This technological flexibility demonstrates Hang Seng Investment’s long-term commitment to creating an adaptable and scalable foundation for their products.
HSBC Acts as Tokenization Agent and Transaction Mechanism
As the primary tokenization agent, HSBC plays a crucial role in processing digitized fund units, ensuring the security and validity of each transaction. Fund unit holders can easily subscribe to or redeem their digitized units through a certified distribution network that meets strict regulatory standards.
This mechanism is designed to provide high liquidity and full transparency to investors, while also maintaining the integrity of the underlying gold assets.