Hang Seng Investment and HSBC have launched a tokenised unlisted class of the Hang Seng Gold ETF in Hong Kong.
The blockchain-based product allows retail and institutional investors to gain exposure to physical gold through digital asset platforms.
Trading under the code HSGLD, the tokenised unlisted class uses HSBC tokenisation services and is initially available on HashKey Exchange.
HSBC acts as the tokenisation agent, gold dealer, custodian, trustee, and transfer agent for the fund.
For investors seeking a tokenised gold ETF, Hong Kong now offers a fully compliant route through this collaboration.
“We are extending access beyond traditional channels to on-chain investors, offering an additional compliant way to gain exposure to gold,”
said William Wong, Director and Chief Executive Officer at Hang Seng Investment.
The tokenised class will initially be available on HashKey Exchange.
Suvir Loomba, Regional Head of Securities Services, Asia at HSBC, said:
“We’re proud of this partnership to launch the Hang Seng Gold ETF Tokenised Unlisted Class… combining our digital asset capabilities, trusted custody infrastructure and product expertise to offer more investors gold exposure in Hong Kong securely and efficiently.”
The new unlisted class builds on the existing Hang Seng Gold ETF Listed Class, which debuted on the Hong Kong Stock Exchange on 29 January 2026.
The listed product became the first gold ETF in the city to offer physical gold redemption through a bank.
As of 15 April 2026, the listed class had accumulated approximately HK$1.3 billion in assets under management.
The addition of the tokenised unlisted class provides an alternative distribution channel for the fund as digital asset markets mature.
Featured image credit: Edited by Fintech News Hong Kong, based on image by Borin via Freepik
