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Futures
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NEW
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VIP Wealth Hub
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Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
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The licensed exchange EXIO in Hong Kong will launch a gold tokenization product.
Odaily reported that Wu Chen, co-founder and CEO of EXIO Group, the parent company of the licensed virtual asset exchange EXIO in Hong Kong, revealed that they are launching tokenized products with underlying assets such as gold and other commodities. However, analysts believe that the current RWA tokenization in Hong Kong is still in its early development stage and may face issues such as the lack of a secondary market. Issuers still need to carefully consider potential liquidity and ROI (return on investment) factors after the assets are put on-chain. (Ming Pao)