Catenaa, Friday, January 02, 2026- GoldZip, a digital initiative from the Hong Kong Gold Exchange (HKGX), has launched $XGZ, Asia’s first gold-backed token fully supported by a recognized gold exchange.
Each token represents one gram of 999.9 fine physical gold, stored in approved vaults and assayed by Hong Kong government-certified labs.
The token is immediately tradable on Uniswap and MEXC, providing retail investors direct access to institutional-grade gold investment.
GoldZip anticipates building a $300 million physical gold reserve by mid-2026, positioning $XGZ as the third-largest gold-backed token globally, after Tether and Paxos Gold.
Additional exchange listings are planned to support liquidity expansion.
GoldZip emphasizes transparency and security, recording all transactions permanently on-chain.
The initiative aims to bridge traditional gold markets with digital assets, enabling new revenue models and investment opportunities for traders, jewelers, merchants, and other participants within the HKGX network.
The Hong Kong Gold Exchange, established over a century ago, handles more than $100 million in daily trading volume and counts over 100 members, including banks, listed companies, refineries, and dealers, providing institutional credibility to the project. GoldZip Digital Pte. Ltd., operating in Singapore and regulated by the Ministry of Law, ensures compliance while offering physical redemption options for token holders.
By combining gold’s longstanding heritage with blockchain technology, GoldZip seeks to make gold investment accessible, secure, and efficient for both retail and institutional participants in Asia and globally.
