Hong Kong2026.11.03TokenPost

Hong Kong Pushes Interbank Transactions Using Tokens Representing 400-Ounce Gold Bars

• Hong Kong will launch an interbank tokenized gold trading project, announced by Secretary Christopher Hui at Hong Kong FinTech Week on November 2.
• Each gold token will represent one standard 400-ounce gold bar, with pricing based on Hong Kong's gold reference price, HAU.
• The initiative, which also tokenizes settlement deposits, is being developed under the HKMA's Project Ensemble.