Hong Kong's first! HashKey Exchange officially launches gold token XAUt, a new breakthrough in RWA asset platform

【BlockBeats】Hong Kong-licensed digital asset trading platform HashKey Exchange officially launched the Tether Gold(XAUt) trading feature on January 15. Professional investors can participate through the over-the-counter bulk trading Marketplace interface. This marks the first compliant trading model for traditional safe-haven assets like gold on a licensed platform in Hong Kong and Macau.

Tether Gold is a gold token product issued by Tether, with each XAUt representing one troy ounce of gold that meets the delivery standards of the London Bullion Market Association(LBMA). Holders can own gold in digital token form, avoiding the delivery, storage, and circulation costs associated with physical gold. Investors can directly convert digital assets into gold holdings through HashKey’s OTC mechanism, without cross-platform operations.

Michelle Cheng, Director of HashKey Trading Platform, stated that in traditional investment systems, gold allocation often requires separate accounts or offline channels, making adjustments difficult during market volatility. “We are committed to promoting the efficient circulation of RWA(Real-World Assets) represented by gold in the digital ecosystem. After the launch of XAUt, users can buy, sell, and convert gold as flexibly as managing other digital assets. This is a practical application of our efforts to solve the gold allocation challenge within a compliant framework.”

According to CoinGecko data, as of January 15, HashKey Exchange ranks 17th, making it the highest-ranked licensed virtual asset trading platform in Hong Kong.