SINGAPORE — GoldZip, the digital gold initiative from the Hong Kong Gold Exchange (HKGX), today officially launches its gold-backed token, $XGZ. This launch marks the debut of Asia’s first gold token fully backed by a recognized gold exchange, aiming to weave together and catalyze a thriving global gold market.
GoldZip’s core value proposition is unprecedented institutional credibility in the digital asset space. Each $XGZ token is directly backed by 1 gram of 999.9 fine physical gold, stored in recognized vaults and assayed by Hong Kong government-approved labs. All transactions are permanently recorded on-chain, bringing institutional-grade gold investment accessibility to retail users across the globe.
The token is currently available for trading on Uniswap and MEXC, providing an immediate gateway for investors in Asia. GoldZip projects a physical gold reserve of $300 million by 1st half 2026, which would position it as the third-largest gold-backed token globally, following Tether and Paxos Gold. Further platform listings are planned for 2026 to support anticipated liquidity growth.
“The launch of GoldZip is a significant milestone for the future of gold trading in Asia,” said Barry Ip, Head of Digital Innovation at Hong Kong Gold Exchange. “This revolutionary technology is designed to open the retail floodgates to gold investment, offering a seamless and secure digital asset. Beyond liquidity, GoldZip unlocks new revenue models and opportunities for our existing network of gold traders, jewelers, merchants, and related industry parties.”
Founded over 100 years ago, the Hong Kong Gold Exchange (HKGX) is the sole recognized gold exchange in Hong Kong. With a history of handling over $100 million in daily gold trading volume, its membership base exceeds 100 entities, including major banks, listed companies, jewelers, refineries, and dealers, lending unmatched institutional trust to the GoldZip initiative.
About GoldZip
GoldZip operates in Singapore by GoldZip Digital Pte. Ltd., a group member company of the Hong Kong Gold Exchange, and is regulated by the Ministry of Law (MinLaw) in Singapore. Each $XGZ token is backed 1:1 by 999.9 fine physical gold, combining long-standing gold heritage with transparency and accessibility. GoldZip enables seamless digital trading, secure storage, and physical redemption, offering a modern pathway to participate in one of the world’s most enduring asset classes.
Learn more at www.goldzip.info
Media Contact
Email: marketing@goldzip.info
Website: www.goldzip.info
