[Crypto World] On December 9, Antalpha made a pretty interesting move—their XAU₮ physical gold redemption service officially launched in Hong Kong. What’s the most attractive part? If you place an order today, you can get your gold bars as soon as tomorrow. That’s some serious efficiency.
This time, they partnered with a reliable collaborator, Malca-Amit, an LBMA member custodial institution, which is specifically responsible for local gold storage and compliant custody in Hong Kong. Starting from December 12, institutional clients who redeem 2 kilograms or more can enjoy the XAU₮ to physical gold service. You can choose in-person pickup or T+1 express delivery.
Keep in mind, traditional gold trading processes often take several weeks, but now it’s compressed to just the next day. The threshold for converting between digital assets and real, physical gold has dropped even further.
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WhaleWatcher
· 12-11 06:20
I have to say, getting it the next day is a bit harsh; traditional channels take several weeks.
Hong Kong's market is waking up, and LBMA's endorsement is reassuring.
It's just that starting from 2 kilograms for redemption is a bit restrictive; retail investors might want to just watch.
This wave is indeed breaking the bottleneck between the crypto world and physical assets, but when can custodial institutions handle the massive demand?
Amazing, digital gold instantly transforms into physical gold. Is the arbitrage in the middle profitable?
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LightningHarvester
· 12-09 21:17
Get it the next day? On-chain gold is really something now—you no longer have to wait several weeks, which was just crazy.
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FunGibleTom
· 12-09 21:06
T+1 to get physical gold bars? I like this approach. Finally, someone has streamlined the connection between on-chain assets and real gold and silver.
This move by Hong Kong is impressive. The 2kg minimum is a bit of a threshold, but it's definitely professional.
Next-day delivery vs. waiting several weeks—this difference is incredible... Traditional finance should really learn from this speed.
The most important thing is the endorsement from Malca-Amit. That's what gives me the confidence to actually place an order.
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RektButSmiling
· 12-09 12:30
No, T+1 gold withdrawals are really amazing. How long do you have to wait at traditional gold shops again?
Getting it the next day really made me laugh. This is exactly what Web3 should be doing.
Hong Kong made a good move here. Antalpha is onto something.
Wait, minimum investment is 2 kilograms? My retail investor dream is shattered.
Physical gold liquidity is finally taking off. The crypto space is finally getting grounded.
With LBMA endorsement, it feels much more reassuring, but we'll have to see how things go.
Honestly, with Bitcoin dropping to this price, cashing out with gold is pretty appealing.
If you really can switch anytime, what about counterparty risk... still feels a bit sketchy.
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TokenVelocity
· 12-09 12:24
Wow, T+1 physical gold delivery? That was unimaginable before—traditional processes could drag on for a month.
Antalpha is finally getting serious about physical gold, partnering with a custodian at the LBMA level, which is definitely reliable.
But honestly, a 2-kilogram minimum investment is still a bit steep for retail investors. Hopefully, that threshold will be lowered in the future.
The fact that this is happening in Hong Kong is quite significant; the “last mile” for digital assets has finally been bridged.
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CryptoComedian
· 12-09 12:23
Laughing until I cried: T+1 to get gold bars? Digital gold has finally met the real deal this time.
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UnluckyMiner
· 12-09 12:22
Damn, you can get gold bars with T+1? That’s insane. The traditional process takes weeks, and they get it done in a day?
This is blowing my mind—now on-chain gold can really be used like paper.
By the way, is Malca-Amit reliable? Never heard of them before.
Wait, you need at least 2 kilograms? So retail investors still have to just watch.
But honestly, this is the right direction—digital and physical are finally connected.
Hong Kong made a great move with this.
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DegenDreamer
· 12-09 12:14
Damn, you can get gold bars on T+1? That’s even faster than when I order express delivery. But starting at 2kg is a bit of a threshold.
Honestly, I really didn’t expect it used to take several weeks. Now the efficiency has skyrocketed. Antalpha really nailed it this time.
To be honest, there aren’t many exchanges that dare to convert digital assets directly into physical goods. How do they handle risk control? Anyone know?
Wait, isn’t getting it tomorrow a bit too wild? Is this for real, guys? Has anyone tried it?
T+1 delivery sounds nice, but I still want to ask, what happens if the courier loses it? Who’s responsible?
By the way, is Hong Kong making this move to seize the Asian market? This speed is truly a step ahead.
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ImpermanentLossEnjoyer
· 12-09 12:11
Oh man, now I really have to go to Hong Kong to get gold. Place an order and it arrives tomorrow—who can resist that?
But starting at 2kg is definitely a bit of a barrier; regular retail investors are being filtered out again.
T+1 delivery sounds nice, but is it really reliable? The previous scam projects hyped it up like this too.
Finally, someone is linking on-chain assets to physical goods. This is what Web3 is truly supposed to do.
Reducing the wait from weeks to just one day—there’s no arguing with that efficiency. I just hope the fees won’t be sky-high.
Antalpha launches XAU₮ to gold bar exchange service in Hong Kong; place an order today, receive it tomorrow.
[Crypto World] On December 9, Antalpha made a pretty interesting move—their XAU₮ physical gold redemption service officially launched in Hong Kong. What’s the most attractive part? If you place an order today, you can get your gold bars as soon as tomorrow. That’s some serious efficiency.
This time, they partnered with a reliable collaborator, Malca-Amit, an LBMA member custodial institution, which is specifically responsible for local gold storage and compliant custody in Hong Kong. Starting from December 12, institutional clients who redeem 2 kilograms or more can enjoy the XAU₮ to physical gold service. You can choose in-person pickup or T+1 express delivery.
Keep in mind, traditional gold trading processes often take several weeks, but now it’s compressed to just the next day. The threshold for converting between digital assets and real, physical gold has dropped even further.