Tang Bo from Hong Kong University of Science and Technology: Gold tokens can generate yield on-chain, unlike traditional gold ETFs
According to Odaily, Tang Bo, Associate Dean of the Institute of Financial Research at the 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 endow this ancient asset with brand new financial attributes. Gold tokenization is different from traditional gold ETFs. Gold tokens are certificates that correspond 1:1 to physical gold, and holders can directly withdraw the physical gold from the vault, whereas ETFs are merely asset certificates. More importantly, gold tokens can generate interest on the blockchain and further activate the financial attributes of gold through mechanisms such as collateralized lending. (21st Century Business Herald)
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