HSBC Gold Token Qorus Reinvention Awards - APAC 2024-2025 - Winner
Hong KongCategory
Core Offering InnovationKeyword
Savings & Investments, Digital channels & Omnichannels, Blockchain, Tokenization & Nfts, Digital currency-Cryptocurrency
Innovation presentation
HSBC Gold Token is a digital token which, unlike some common gold products in the market, allows investors to acquire Fractional Ownership of physical gold represented by tokens recorded on a distributed ledger. Each HSBC Gold Token represents the fractional ownership record of 0.001 troy ounce of gold.
- Flexibility in gold amount: You can either invest in a fraction of a gold bar more with flexibility to trade as low as 0.001 troy ounce (toz) of gold. - Fractional ownership of physical gold: Unlike some common gold products in the market, HSBC Gold Token gives you the opportunity to own part of a physical gold bar. - Your physical gold is safely kept and insured in HSBC’s vault. The digital token is on HSBC's distributed ledger, protected by HSBC’s technology estate. - Easy to access: Investing in gold bars is easy now via HSBC Online Banking and HSBC HK App.
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