GoldZip (XGZ) is a groundbreaking digital token issued by GoldZip Pte. Ltd., a Singapore-based subsidiary of the Hong Kong Gold exchange(HKGX). Hong Kong’s only exchange trading physical gold and silver since 1910. Each GoldZip token is directly backed by physical gold stored in internationally recognized, secure vaults, ensuring trust and industry compliance. The tokens are minted from rigorously inspected gold bars of selected reputable brands, offering investors a secure, asset-backed investment on the blockchain.
As an authorized dealer under Singapore’s Precious Stones and Precious Metals Act, GoldZip Pte. Ltd. adheres to stringent regulatory standards. XGZ token holders benefit from gold’s stability and intrinsic value, with the flexibility of digital trading and redemption options. HKGX member traders will serve as market makers, ensuring liquidity and price stability for the token. Investors can redeem tokens for physical GoldZip Eligible Bars upon meeting Anti-Money Laundering (AML) requirements, allowing seamless transitions between digital and physical ownership. As the first gold-backed token from a HKGX subsidiary, GoldZip combines over a century of the exchange (CGSE) trusted expertise with blockchain’s innovation, making it a secure, modern approach to gold investment with versatile use cases in global trading, hedging, and asset diversification.