And finally… all that glitters
![And finally... all that glitters](https://www.scottishfinancialnews.com/uploads/gold-pixa.jpg)
HSBC has become the first bank to offer tokenised gold to customers.
The bank has revealed a platofrm that utilises distributed ledger technology to tokenise the ownership of institutional clients’ physical gold held in the bank’s London vault.
HSBC then creates a ‘digital twin’ of the physical gold stored in the bank’s vault. The token can then be traded between HSBC and institutional investors through the bank’s Evolve single dealer platform, or through an API, Finextra reports.