HSBC Investment Management Limited, in partnership with HSBC, today launched the "Hang Seng Gold ETF Tokenized Non-Listed Category" (trading code: HSGLD) in Hong Kong. The new product is issued by Hang Seng Investments and is the first physcially backed gold ETF tokenized non-listed category in Hong Kong. Through HSBC's tokenization services, it provides an additional channel to expand gold investment opportunities. HSBC serves as the tokenization agent, gold trader, gold custodian, trustee, and transfer agent for the ETF. By combining physical assets with innovative financial technology capabilities, the tokenized non-listed category can support evolving customer demands and align with the growing trend of digital asset markets. The tokenized non-listed category is currently distributed by the virtual asset trading platform HashKey Exchange. This tri-party collaboration also signifies a significant development in Hong Kong's tokenization ecosystem, supporting wider adoption of tokenized investment products and bringing new opportunities to blockchain investors. Huang Jing Feng, Director and CEO of Hang Seng Investment Management Limited, stated that by launching the "Hang Seng Gold ETF Tokenized Non-Listed Category," they are extending the product's investment reach from traditional distribution channels to blockchain investors, offering them another compliant investment option. Suvir Loomba, Head of HSBC Securities Services Asia, mentioned that this product complements the bank's existing gold token products and once again demonstrates their commitment to innovation in the Hong Kong financial ecosystem. HSBC will continue to provide comprehensive digital asset services to clients, covering asset tokenization and custody solutions, with Hong Kong being the first market they launch in.