Hong Kong retail gold token trading volume exceeds US$1 billion

John O'Neill, Head of Digital Assets and Currency Group at HSBC, announced that the total trading volume of HSBC Gold Token, a real-world asset tokenization (RWA) product launched for Hong Kong retail investors, has exceeded US$1 billion, with over 100,000 transactions. HSBC Gold Token is denominated in Hong Kong dollars and has become the world's third-largest gold token product. (Caixin)