Hong Kong University of Science and Technology Tang Bo: Gold Tokens Can Earn On-Chain, Different from Traditional Gold ETFs
Gold tokenization is considered one of the most promising areas in the tokenization of real-world assets. Assistant Dean Tang Bo pointed out that it is characterized by a 1:1 correspondence with physical gold, allowing holders to directly extract the physical asset, which is different from traditional ETFs.
At the same time, tokens can generate interest on the blockchain, enhancing the financial attributes of gold. Odaily Planet Daily reports that Tang Bo, Assistant Dean of the Institute of Finance at Hong Kong University of Science and Technology, stated that gold tokenization is becoming the most promising track in the tokenization of real-world assets (RWA). The value of gold as a safe-haven asset is returning, and tokenization technology will give this ancient asset a new financial attribute.
Gold tokenization differs from traditional gold ETFs. Gold tokens are certificates that correspond 1:1 with physical gold, and holders can directly extract the physical gold from the vault, whereas ETFs are just asset certificates. More importantly, gold tokens can generate interest on the blockchain, further activating the financial attributes of gold through collateralized lending and other methods.
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Hong Kong University of Science and Technology Tang Bo: Gold Tokens Can Earn On-Chain, Different from Traditional Gold ETFs
Gold tokenization is considered one of the most promising areas in the tokenization of real-world assets. Assistant Dean Tang Bo pointed out that it is characterized by a 1:1 correspondence with physical gold, allowing holders to directly extract the physical asset, which is different from traditional ETFs.
At the same time, tokens can generate interest on the blockchain, enhancing the financial attributes of gold. Odaily Planet Daily reports that Tang Bo, Assistant Dean of the Institute of Finance at Hong Kong University of Science and Technology, stated that gold tokenization is becoming the most promising track in the tokenization of real-world assets (RWA). The value of gold as a safe-haven asset is returning, and tokenization technology will give this ancient asset a new financial attribute.
Gold tokenization differs from traditional gold ETFs. Gold tokens are certificates that correspond 1:1 with physical gold, and holders can directly extract the physical gold from the vault, whereas ETFs are just asset certificates. More importantly, gold tokens can generate interest on the blockchain, further activating the financial attributes of gold through collateralized lending and other methods.