HashKey Launches XAUt, Hong Kong's Compliant Exchange Platform Opens Gold Token Trading

BlockBeats News, January 15th, Hong Kong-listed company HashKey Holdings Limited (3887.HK)’s subsidiary, the largest licensed digital asset trading platform in Hong Kong, HashKey Exchange, officially launched Tether Gold (XAUt), allowing professional investors to trade via the over-the-counter bulk trading Marketpace interface. This move signifies the first compliant trading of gold, a traditional safe-haven asset, on a licensed Hong Kong exchange.

Tether Gold (XAUt) is a gold-backed token product launched by Tether, with each XAUt equivalent to a one troy ounce gold bar that meets the London Bullion Market Association (LBMA) delivery standards. Users simply holding XAUt can have ownership of gold in the form of on-chain digital tokens, without the inconvenience of physical gold delivery, storage, and transfer. Investors can seamlessly convert their digital assets directly into gold through the HashKey OTC mechanism without the need to switch platforms.

HashKey Exchange’s Director of Trading Platform, Michelle Cheng, stated: "In a traditional investment environment, gold often requires allocation through separate accounts or offline channels, making it difficult to adjust in times of market volatility. We aim to promote more efficient circulation of RWA assets represented by gold in the digital environment. With the launch of XAUt, users can buy, sell, and convert gold just like managing other digital assets. This is a specific implementation within our compliance framework to address the challenge of gold allocation."

* As of January 15, 2026, HashKey Exchange ranks 17th on CoinGecko, making it the highest-ranking licensed virtual asset trading platform in Hong Kong.