
Hong Kong plans to launch an interbank tokenised gold transaction project featuring a gold token representing a standard 400-ounce bar, building on Project Ensemble, as part of its strategy to become a key global hub for the precious metal, according to analysts.
AI-generated summary
Hong Kong launched Project Ensemble, a pilot tokenisation and digital currency initiative, in 2024 through the Hong Kong Monetary Authority. HAU is Hong Kong's ticker for gold prices launched earlier in 2026.
Hong Kong’s plan to start an interbank tokenised gold transaction project marks a crucial step in its quest to make itself a key global hub for the strategically important precious metal, according to analysts.
The city planned to launch a gold token representing a standard 400-ounce gold bar, referencing HAU, Hong Kong’s ticker for gold prices launched earlier this year, said Secretary for Financial Services and the Treasury Christopher Hui Ching-yu during the annual Fintech Week event on Monday.
He said the effort would build on experience gained through Project Ensemble – a pilot tokenisation and digital currency initiative launched by the Hong Kong Monetary Authority (HKMA) in 2024.
AI outlook — possibilities, not facts
Hong Kong will launch the interbank tokenised gold transaction project in the near term
Likely · Within months

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