The post Hang Seng Launches Ethereum-Based Tokenized Gold ETF in Hong Kong Market appeared on BitcoinEthereumNews.com.

TLDR: Hang Seng Gold ETF (03170.HK) launched with Ethereum tokenization, gaining 9% in early trading hours.  HSBC serves as tokenization agent while physical gold remains stored in designated Hong Kong vaults.  Tokenized units require qualified distributors for subscription; secondary market trading remains restricted.  Launch aligns with Hong Kong’s strategy to bridge traditional finance with regulated blockchain technology.    Hang Seng Investment has introduced a physically backed gold exchange-traded fund featuring tokenized share classes on Ethereum.  The Hang Seng Gold ETF began trading on Thursday on the Hong Kong Stock Exchange under ticker 03170. Early trading saw the fund climb approximately 9% during Asian morning hours.  This launch represents a notable integration of traditional commodity investment products with blockchain technology infrastructure. Physical Gold Tracking With Blockchain Integration The fund tracks the LBMA Gold Price AM and maintains physical bullion in designated Hong Kong vaults.  According to product disclosures, the fund “closely tracks the LBMA Gold Price AM and holds bullion stored in designated vaults in Hong Kong.”  Beyond conventional ETF operations, the product offers tokenized units initially issued on Ethereum’s blockchain network.  Future expansion to additional public blockchains remains possible according to the fund’s prospectus documentation. HSBC serves as the tokenization agent for these digital units. However, these tokenized shares operate under strict distribution controls rather than open market trading. Investors can only subscribe to or redeem tokenized units through qualified distributors approved by the fund.  The product cannot be freely traded on secondary markets despite existing on a public blockchain. Hang Seng’s official materials indicate the tokenized units are not yet available for subscription. The company will release these units only after securing all necessary regulatory approvals. The structure provides institutional-grade custody while leveraging blockchain rails for settlement and record-keeping.  This approach balances innovation with regulatory compliance in Hong Kong’s…

---

Filed under: News - @ January 30, 2026 2:28 am