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HSBC Looks To Broaden Tokenized Asset Offerings after Gold Token Launch
15.4.2024
HSBC, one of the world’s largest banking services, intends to broaden its array of tokenized assets. CEO Noel Quinn said the bank will ensure these offerings are firmly anchored in reality.
The post HSBC Looks To Broaden Tokenized Asset Offerings after Gold Token Launch appeared first on Cryptonews
First Mover Americas: HSBC’s Gold Token Introduced in HK
27.3.2024
The latest price moves in bitcoin (BTC) and crypto markets in context for March 27, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
HSBC Launches Gold Token Service for Retail Investors in Hong Kong
27.3.2024
Banking giant HSBC is now allowing retail investors in Hong Kong to buy real gold through digital tokens. The new gold investment is available through the bank’s online banking service and app.
The post HSBC Launches Gold Token Service for Retail Investors in Hong Kong appeared first on Cryptonews
HSBC’s Gold Token Goes Live for Retail Investors in Hong Kong
27.3.2024
The bank is claiming bragging rights for being the first bank to create a blockchain-based real world asset aimed at retail investors
GOLD Token Keeps Going Higher After a 20,000% Pump and Crypto Experts Say This Lesser Known Meme Coin is Next – Here's Why
22.9.2023
As On-Chain trading activity continues to flourish amid a surge in Telegram sniper bots, GOLD token has emerged as the latest breakout following a dramatic +20,000% skyrocket move.
Recent weeks have seen a huge trend in explosive DEX launched tokens, with countless pump-and-dump moon-shots...
As GOLD Token Shoots Up 28,000%, This Viral New AI Coin Just Raised More Than $3.9 Million – 5-Day Countdown Begins
21.9.2023
The newly listed GOLD Token has seen a parabolic move so far, skyrocketing over 28,000% from its listing price just yesterday.
After reaching an intraday high of $0.3225, the GOLD Token price has pulled back but remains up substantially.
As traders look for potential buy zone entry levels,...
Report: Zimbabwe’s Central Bank Set to Launch P2P Platform for Facilitating Gold-Backed Digital Currency Transactions
20.6.2023
The Reserve Bank of Zimbabwe has said it is getting close to launching a peer-to-peer platform which will facilitate digital gold token transactions. The central bank said the launch of the platform is expected to help reduce local demand for the greenback. Governor John Mangudya said the tokens...
Dubai Multi Commodities Centre to Issue Gold Backed Tokens Using the Xinfin Blockchain Protocol
23.11.2022
The Dubai Multi Commodities Centre (DMCC) has announced a new partnership with the firm Comtech Gold in order to digitize gold trading. The DMCC said the tokenized precious metals are backed by DMCC Tradeflow-registered gold bars, and each tokenized gold bar “will be backed by a Tradeflow warrant.”...
2 Tokenized Gold Crypto Projects Saw Massive Growth Over the Last 15 Months
6.6.2022
15 months ago the price of one ounce of fine gold was $1,790 per ounce and since then, it has increased in value 3.51% to today’s $1,853 per ounce exchange rate. While gold has risen in value, the top two tokenized gold coins have grown significantly since then. Pax gold (PAXG),...
Tokenized Gold Market Caps Grew Significantly Last Month as Fresh Demand Drives Premiums
23.3.2022
While gold tapped an all-time high (ATH) this year surpassing $2K per ounce, the top tokenized gold crypto assets by market valuation continue to see significant demand, premiums, and market capitalization growth. For instance, Paxos Trust Company’s PAXG market cap jumped more than 43% in...
Demand for Gold-Backed Tokens Brings Premiums as Precious Metal’s Value Jumps Higher
19.2.2022
While stocks and cryptocurrency markets have floundered during the last week, the price of the precious metal gold has increased in value by 3.85% during the last seven days. An ounce of fine gold jumped from $1,826.92 on February 10, to $1,897.36 per ounce on February 19. Additionally, the...
2 Gold-Backed Crypto Asset Market Caps Near $1 Billion, XAUT Jumps 19,000% in 23 Months
25.1.2022
While reserve-backed crypto assets and stablecoin market valuations increased a great deal during the last year, gold-backed cryptocurrencies have also seen their market caps swell. Between the tokens tether gold and pax gold, the market valuations of these two gold cryptos are nearing a billion...
Swiss Bank Seba Launches Regulated Gold Token, Aims to Bolster ‘Digital Ownership of Physical Gold’
18.12.2021
On December 15, FINMA-licensed Swiss bank, Seba, announced the launch of a gold token that can be delivered in physical form, on-demand, at any time from the firm’s partner refineries. Seba believes the token can be leveraged as a compliant stablecoin “backed by responsibly sourced...
SEBA Bank launches regulated gold token to enable digital ownership of physical gold
15.12.2021
"Gold plays a major role in the capital markets. With a market cap of over $11 trillion, it offers investors a reliable hedge against inflation and a store of value irrespective of economic turbulence," says SEBA Bank CEO Guido Buehler
Gaming Token ‘Adventure Gold’ Listed Amid ‘Loot’ NFT Buzz
7.9.2021
">OKEx.Designed as a game token for future Loot-related games, the Adventure Gold token was airdropped to Loot NFT holders, with each Loot NFT giving the owner the right to claim 10,000 AGLD. And with a token price at press time (14:52 UTC) of USD 2.95, the airdrop was worth at least a ha
OCC Grants Crypto Firm Paxos ‘Conditional Approval’ for US Bank Charter
24.4.2021
The digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller of the Currency issued a preliminary conditional approval which means the regulating entity still has to authorize...
As Spot Gold Surges Higher, Tether’s Gold Token Lags Behind
23.7.2020
While gold-backed crypto tokens are being touted as an alternative to USD-pegged stablecoins, a previous price premium on these tokens has now turned into more of a mixed picture as one popular token leads, while other lags behind the soaring traditional spot gold price.
At the time of writing...
Home Seller Sues Buyer Over Payment in ‘Fool’s Gold’ Token
5.6.2020
A Californian homeowner is suing a prospective buyer for attempting to pay for 30% of the property using a “worthless” cryptocurrency
More Than 77 Crypto Projects Claim to Be Backed by Physical Gold
26.1.2020
The last few years have seen the creation of blockchain projects that claim to have tokens backed by physical gold. In October, Coinshares and Blockchain.com launched a digital gold token (DGLD) backed by physical gold that uses BTC’s security. Tether just announced a new token called tether...
Coinshares, Blockchain Launch DGLD Gold Token on Bitcoin Blockchain
15.10.2019
A consortium of companies launched a gold-backed token on the Bitcoin blockchain