Hong Kong University of Science and Technology's Tang Bo: Gold Tokens Can Generate Interest on the Chain, Different from Traditional Gold ETFs

According to Odaily, Tang Bo, Assistant Dean of the Financial Research Institute at Hong Kong University of Science and Technology, stated that gold tokenization is becoming the most promising track in real-world asset (RWA) tokenization. The value of gold as a safe-haven asset is returning, and tokenization technology will endow this ancient asset with new financial attributes. Gold tokenization differs from traditional gold ETFs. Gold tokens are certificates that correspond 1:1 to physical gold, allowing holders to directly withdraw the physical gold from vaults, whereas ETFs are merely asset certificates. More importantly, gold tokens can generate interest on the blockchain, further activating gold's financial attributes through methods such as collateralized lending. (21st Century Business Herald)