Hong Kong
Fintech News HK
China CITIC Bank Eyes 2027 Launch for Tokenised Gold Trades
- China CITIC Bank International (CNCBI) completed a pilot testing tokenised deposits for gold trading settlement.
- The pilot was conducted jointly with the Hong Kong Gold Exchange (HKGX) and announced during Hong Kong Fintech Week.
- The test validated delivery-versus-payment (DvP) settlement, which ties gold transfer to payment, ahead of a planned 2027 commercial launch.