Hong Kong
Odaily
Hong Kong Publishes Gold Token Anchoring Standard: One Gold Token Proposed to Correspond to One Standard 400-Ounce Gold Bar
- The standard specifies that one gold token should correspond to one standard 400-ounce (approximately 12.4 kg) gold bar, the benchmark size used in major international wholesale gold trading.
- The move aims to ensure that tokenized gold products issued or traded in Hong Kong are backed by verifiable, standardized physical gold reserves, enhancing transparency and investor confidence.
- The initiative reflects Hong Kong's broader push to develop regulated frameworks for tokenized real-world assets (RWA), positioning the city as a hub for compliant digital asset innovation.