HSBC Gold Token Surpasses $1B in Trading, Driving Retail Adoption of Tokenized Gold in Hong Kong

COINOTAG News, November 11, Hong Kong, reports that HSBC launched the HSBC Gold Token for Hong Kong retail investors, denominated in HKD and approved by the Securities and Futures Commission (SFC). The product has already surpassed $1 billion in trading volume and logged more than 100,000 transactions, marking it as one of the world’s largest gold token products.

Analysts from BiyaPay describe this as a shift from institutional RWA experiments to retail adoption, with gold tokenization illustrating how blockchain technology can reframe traditional assets. As regulatory clarity improves and liquidity grows, the tokenization of physical assets could emerge as a defining trend for crypto markets by 2025. BiyaPay notes rising demand for stable income and a credible store of value, fueling expansion of the RWA ecosystem. On BiyaPay’s platform, traders can access US stocks, Hong Kong stocks, and futures via USDT, with 0% fee crypto spot contracts.