Hong Kong Completes First Interbank Transaction in Tokenized Gold and Deposits
The Hong Kong Monetary Authority's EnsembleTX completed Hong Kong's first interbank transaction involving tokenized gold and tokenized deposits. According to PANews, Zhaojin Mining, CCB (Asia) and Bank of East Asia participated in the transaction, which linked the gold and funds ledgers in a single clearing process and used Hong Kong dollar RTGS for delivery versus payment, without T+2 settlement or manual reconciliation.