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HSBC Announces Plans to Offer Digital Assets Custody Services for Institutions

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HSBC Announces Plans to Launch Institutional Digital Assets Custody Service

HSBC, the London-based financial institution, announced its plans to launch an institution-focused digital assets custody service in 2024. Zhu Kuang Lee, chief digital, data and innovation officer at HSBC, explained that the bank had experienced an increasing demand for these services from asset managers and asset owners. HSBC Announces Digital Assets Custody Service HSBC, a […]

HSBC Launches Tokenization Platform for Gold Markets

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HSBC Launches Tokenization Platform for Gold Markets

HSBC announced the launch of a platform that will allow the tokenization of gold bullion, with a stated potential market reach of $ 525 billion. Mark Williamson, HSBC’s global head of FX and commodities partnerships and propositions, stated that these gold tokens will be tradable using HSBC’s platform, with the bank handling custody of …

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