Hong Kong Gold Exchange Singapore subsidiary launches digital gold token Gold Zip (XGZ)
Jinse Finance reported, citing Sing Pao Daily News, that the Hong Kong Gold Exchange (HKGX) has issued the digital gold token Gold Zip (XGZ) through its Singapore subsidiary. HKGX stated that each token is backed by physical gold stored in accredited vaults, with the majority of the gold held in Hong Kong.
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