Hong Kong Stock Exchange Listed Company Timely Resources Plans to Issue Tokenized Silver Digital Currency
BlockBeats News, August 22nd, according to an announcement by the Hong Kong Stock Exchange, Hong Kong-listed company Timing Resources (08028.HK) announced that it will collaborate with Edelweiss Securities Futures to issue a digital token backed by physical silver assets (Silver Token), driving Hong Kong's first Silver Tokenization of Real World Assets (RWA) project. Edelweiss Securities Futures' parent company, Edelweiss Financial, will assist the issuer in obtaining all necessary approvals from the relevant regulatory authority (if any) before launching the Silver Token.
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