Odaily Planet Daily reports that Hang Seng Investment announced the issuance of a gold exchange-traded fund, “Hang Seng Gold ETF,” which is expected to be listed on the Hong Kong Stock Exchange this Thursday (January 29). The ETF will establish a tokenized non-listed category fund units, with HSBC serving as the tokenization agent. Initially, Ethereum is planned to be used as the main blockchain, with the possibility of adopting other public blockchains that possess comparable security resilience and distributed ledger technology in the future. It is reported that fund unit holders can subscribe or redeem tokenized fund units in the form of tokens through qualified distributors. (Aastocks)
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