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HSBC Ventures into Tokenized Gold
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HSBC, based in London, will offer tokenized gold to retail clients, a first foray into tokenized real-world assets. The Chief Digital Officer unveiled the plan at a global investor symposium, indicating a broader interest in asset tokenization and blockchain tech.
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How might HSBC's foray into tokenized gold impact the traditional gold market?
In what ways could asset tokenization revolutionize the financial industry?
What regulatory challenges could HSBC face in offering tokenized assets to retail clients?
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