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flag Hong Kong launched its first regulated silver-backed token on a blockchain, each representing one ounce of physical silver.

flag HashKey Chain, a Hong Kong-based blockchain, has enabled the on-chain issuance of the city’s first regulated silver-backed real-world asset tokens. flag Each token represents one troy ounce of .9999 fine silver stored in secure vaults, backed by Timeless Resources and Silver Times. flag The project, coordinated by SFC-licensed Eddid Securities, operates on an Ethereum Layer-2 network for low-cost, transparent transactions. flag It marks a milestone in regulated tokenization of physical commodities, driven by demand from sectors like AI and clean energy. flag HashKey Group plans to expand the platform to include bonds, stablecoins, and AI-integrated data applications.

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