Hong Kong Explores Gold Tokenization For Financial Innovation

According to Odaily, Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, announced at the Consensus conference that the region is considering the tokenization of gold. This initiative aims to combine physical gold with blockchain technology, offering investors increased flexibility and enhanced security. The move is part of Hong Kong's efforts to innovate within financial markets through tokenization. Additionally, Hong Kong is promoting the integration of digital finance into the real economy, including support for cross-border payments. Another emerging trend highlighted is the integration of artificial intelligence with blockchain and Web3 technologies, which is expected to strengthen the development of digital infrastructure.