HashKey Lists XAUt, Marking First Gold Token Trading on a Compliant Exchange in Hong Kong

marsbitPublicado em 2026-01-15Última atualização em 2026-01-15

Resumo

HashKey Exchange, the largest licensed digital asset exchange in Hong Kong and a subsidiary of HashKey Holdings Limited (3887.HK), has officially listed Tether Gold (XAUt). Professional investors can trade XAUt through its over-the-counter (OTC) Marketplace. This marks the first time a licensed exchange in Hong Kong offers compliant trading of gold tokens. Each XAUt token represents one troy ounce of a physical gold bar that meets the London Bullion Market Association (LBMA) delivery standard. By holding XAUt, users gain exposure to physical gold without the logistical challenges of storage and transfer. The introduction of XAUt allows professional investors to hedge against market volatility by allocating part of their portfolio to gold without leaving the HashKey platform. This move integrates traditional safe-haven assets into the digital asset ecosystem, providing a diversified and compliant investment option and bridging traditional and digital finance. Michelle Cheng, Director of HashKey Exchange, stated that the listing addresses inefficiencies in traditional gold allocation, enabling users to manage gold as easily as other digital assets. This is a concrete step toward improving the efficiency of real-world asset (RWA) circulation within a regulated digital environment.

HashKey Exchange, the largest* licensed digital asset trading platform in Hong Kong under listed company HashKey Holdings Limited (3887.HK), has officially listed Tether Gold (XAUt). Professional investors can trade it via the over-the-counter (OTC) bulk trading Marketplace interface. This move signifies the first compliant trading of gold, a traditional safe-haven asset, on a licensed exchange in Hong Kong.

Tether Gold (XAUt) is a gold-backed product issued by Tether, with each XAUt token representing one troy ounce of a gold bar that meets the delivery standards of the London Bullion Market Association (LBMA). By holding XAUt, users can own gold in the form of an on-chain digital token, eliminating the inconveniences associated with the delivery, storage, and transfer of physical gold.

During periods of market volatility, professional investors often need to allocate safe-haven assets to hedge risks. With the listing of XAUt on HashKey Exchange, investors can directly allocate their digital assets to gold through HashKey's OTC mechanism without switching platforms, facilitating asset allocation.

By introducing XAUt, HashKey Exchange has not only incorporated gold, a traditional safe-haven asset, into the digital asset trading ecosystem for the first time, providing investors with diversified and compliant asset allocation options, but it has also taken a key step in bridging traditional finance and digital finance.

Michelle Cheng, Director of HashKey Exchange, stated: "In traditional investment environments, gold often requires separate accounts or offline channels for allocation, making it difficult to adjust promptly during market fluctuations. We aim to promote the more efficient circulation of Real World Assets (RWA), represented by gold, in the digital environment. With the listing of XAUt, users can buy, sell, and convert gold just like managing other digital assets. This is a concrete implementation of our efforts to address the challenges of gold allocation within a compliant framework."

About HashKey Exchange

HashKey Exchange is a digital asset exchange under listed company HashKey Holdings Limited (3887.HK), committed to setting new benchmarks for virtual asset exchanges in terms of compliance, fund security, and platform safety. Hash Blockchain Limited (HashKey Exchange) is one of the first licensed retail virtual asset exchanges in Hong Kong. It has obtained approval from the Securities and Futures Commission (SFC) of Hong Kong to hold licenses for Type 1 (dealing in securities) and Type 7 (providing automated trading services) under the Securities and Futures Ordinance, as well as a license to operate a virtual asset trading platform under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance, enabling it to operate a virtual asset trading platform in compliance with regulations. HashKey Exchange has obtained ISO 27001 (information security) and ISO 27701 (data privacy) management system certifications. To comply with laws and regulations, HashKey Exchange does not provide services to users in Mainland China, the United States, and certain other jurisdictions.

HashKey Exchange News Release and Advertising Standard Terms and Disclaimer

* As of January 15, 2026, HashKey Exchange is ranked 17th on CoinGecko, making it the highest-ranked licensed virtual asset exchange in Hong Kong.

Perguntas relacionadas

QWhat is XAUt and what does each token represent?

AXAUt is a gold-backed token issued by Tether. Each XAUt token represents ownership of one troy ounce of a physical gold bar that meets the London Bullion Market Association (LBMA) Good Delivery standards.

QOn which exchange was XAUt officially listed, and what is significant about this listing?

AXAUt was officially listed on HashKey Exchange. This is significant because it marks the first time a gold token is available for compliant trading on a licensed exchange in Hong Kong.

QHow can professional investors trade XAUt on HashKey Exchange?

AProfessional investors can trade XAUt through the over-the-counter (OTC) bulk trading Marketplace interface on HashKey Exchange.

QAccording to HashKey Exchange Director Michelle Cheng, what problem does the listing of XAUt help solve?

AAccording to Michelle Cheng, the listing of XAUt helps solve the problem of the difficulty in调度 (scheduling/allocating) gold in a timely manner during market volatility by allowing users to buy, sell, and convert gold just like managing other digital assets within a compliant system.

QWhat type of licenses does HashKey Exchange hold from the Hong Kong Securities and Futures Commission (SFC)?

AHashKey Exchange holds a Type 1 (dealing in securities) license and a Type 7 (providing automated trading services) license under the Securities and Futures Ordinance, as well as a license to operate a virtual asset trading platform under the Anti-Money Laundering and Counter-Terrorist Financing Ordinance.

Leituras Relacionadas

Michael Saylor Claims It Has Become Impossible to Implement the Bitcoin Update He Opposed!

Michael Saylor stated that it has become mathematically impossible for BIP-110 to achieve its required 55% voluntary support threshold within the current Bitcoin mining difficulty adjustment cycle. According to his analysis of 946 blocks generated up to block 960,561, only 24 blocks included a version field signal supporting BIP-110. Saylor noted that all these signaling blocks were mined by DATUM miners sharing rewards through the OCEAN pool, with no supporting signals from miners outside OCEAN. He concluded that BIP-110 will not reach the 55% level in this cycle and argued the current signals do not represent a broad miner consensus. BIP-110 is a proposal aimed at making it harder to embed large non-financial data, like images or text, into the Bitcoin blockchain, promoting a view that Bitcoin should be used primarily for monetary transactions. Saylor opposes this, arguing the Bitcoin network should not arbitrate which transactions are necessary and that rules should not change based on the preferences of a few. He also contends that high support metrics may be inflated by automated signaling software rather than reflecting genuine miner support.

cryptonews.ruHá 9m

Michael Saylor Claims It Has Become Impossible to Implement the Bitcoin Update He Opposed!

cryptonews.ruHá 9m

Within Strategy's Framework, STRC's Dividend Yield Remains at 12% as Share Price Stays Below Par Value

Michael Saylor, Executive Chairman of Strategy (MSTR), confirmed that the dividend rate for its STRC perpetual preferred shares will remain at 12.00% through August 2026. The rate has increased from 9% at its July 2025 launch to the current high via a "ratchet" mechanism, which permanently raises the rate by 0.5% whenever the share price falls below $95. This mechanism is intended to push the price back toward its $100 par value and support Strategy's "at-the-market" (ATM) program for issuing new shares to fund Bitcoin purchases. However, the mechanism has not worked as intended. STRC shares closed at $89.46 on July 31, remaining about 10-11% below par value despite the record-high dividend. Competition from rival Strive's higher-yielding SATA securities has pressured demand. The persistent discount has forced Strategy to suspend new STRC issuances via its ATM program, limiting this funding channel for Bitcoin acquisitions. STRC's struggles reflect Bitcoin's own volatility, as the preferred shares historically move in tandem. Analysts have warned the ratchet structure carries long-term, one-way risk. A law firm is investigating Strategy's ability to maintain dividend payments if Bitcoin's price stays low. Retail investors own roughly 83% of outstanding STRC shares, a group seen as prone to panic selling during downturns. In response, Strategy has established financial reserves, including a liquidity cushion covering about 26 months of dividend/interest obligations, and a $2 billion share buyback program alongside a Bitcoin monetization framework, though the company emphasized it is not obligated to sell any Bitcoin.

cryptonews.ruHá 11m

Within Strategy's Framework, STRC's Dividend Yield Remains at 12% as Share Price Stays Below Par Value

cryptonews.ruHá 11m

Analyst: Bitcoin's Price Will Drop to $60k in August, Then Rebound to $70k

Financial analyst Andrey Poroshin has provided a new forecast for Bitcoin's price dynamics in August. Poroshin, an analyst at the Bitbanker exchange, expects the cryptocurrency market to experience a downturn this month, with prices retesting the $60,000 level due to a lack of supportive macroeconomic catalysts. He noted that the recent US Federal Reserve decision to hold interest rates did not significantly impact the market, while inflation remains above the 2% target. Poroshin stated that Bitcoin is ending July under pressure from moderate volatility and a lack of new macroeconomic stimuli, leading to continued market caution. According to his base scenario, Bitcoin will drop to a range of $60,000 to $62,000 before recovering to $70,000. He pointed out that even $70,000 remains below the cost of mining in the US, which has prompted some miners to shift towards AI data center operations. Poroshin cited the winding down of BitMEX's operations as a potential catalyst for a price rebound, suggesting the exit of weaker players often coincides with market reversals and reduced short-term selling pressure. He believes Bitcoin is currently less susceptible to geopolitical shocks, such as the Iran-US conflict, and does not expect significant market changes in August related to the pending CLARITY Act. Looking ahead, Poroshin forecasts that September will bring more active price fluctuations driven by potential Fed rate decisions and possible discussions or approval of the CLARITY Act.

cryptonews.ruHá 12m

Analyst: Bitcoin's Price Will Drop to $60k in August, Then Rebound to $70k

cryptonews.ruHá 12m

Following the Coldcard Hack, One of the Largest Bitcoin Wallet Hacks Recently, a New Wave of Losses Begins! Losses Are Mounting

Following a major hack targeting Coldcard hardware wallets, losses have surged to approximately 1,367 BTC ($88.6 million) across 4,585 addresses. The third wave of attacks stole an additional 207.7 BTC, exhibiting different patterns from the first two. While initial attacks used shared deposit addresses and targeted P2WPKH wallets, the latest wave employed unique recipient addresses per victim and focused on P2WSH addresses. Analysis by Galaxy Research cannot definitively link all three waves to the same attacker, raising the possibility of a second actor exploiting the known vulnerability. The stolen funds, predominantly from wallets holding under 1 BTC, remain unspent. The vulnerable Coldcard firmware was released in March 2021, and all stolen coins originate from after that date.

cryptonews.ruHá 1h

Following the Coldcard Hack, One of the Largest Bitcoin Wallet Hacks Recently, a New Wave of Losses Begins! Losses Are Mounting

cryptonews.ruHá 1h

Trump Media sells another 2,628 BTC, holdings fall to 4,261 BTC

Trump Media & Technology Group has sold an additional 2,628 Bitcoin (worth approximately $165 million), continuing a series of sales over the past seven months. According to blockchain data from Arkham cited by Lookonchain, these latest transfers to Crypto.com bring the company's total reported Bitcoin sales to 7,281 BTC (worth about $545 million), reducing its holdings by 63%. The company's remaining Bitcoin holdings now stand at 4,261 BTC, valued at $269.8 million. Trump Media initially purchased 11,542 BTC at an average price of $118,522 before beginning the sales. This activity occurs amid broader scrutiny of crypto ventures linked to former President Donald Trump, as lawmakers debate the CLARITY Act, which focuses on ethics rules, digital asset ownership, and potential conflicts of interest for public officials.

cointelegraphHá 1h

Trump Media sells another 2,628 BTC, holdings fall to 4,261 BTC