Hang Seng Introduces Physical Gold ETF with Tokenization Feature

Hang Seng is set to launch a physical gold ETF that includes a tokenization option, pending regulatory clearance and secondary market restrictions.

Hang Seng is embarking on an innovative venture by introducing a physical gold exchange-traded fund (ETF) that will feature the option for tokenized fund units. These units will be recorded on public blockchains, providing a modern twist to traditional gold investment.

However, it is important to note that this new financial product is still awaiting regulatory approval. Additionally, Hang Seng's gold ETF will not be available for trading on secondary markets, which may limit liquidity for potential investors.