HSBC plans to expand the supply of tokenized assets

Noel Quinn, chief executive of HSBC in Hong Kong, said the bank was ready to expand the supply of tokenized assets, which have the advantages of cost-effectiveness, efficiency and overall improvement over "old-fashioned trading methods". Noel Quinn also revealed that "we will continue to invest in our portfolio of tokenized products. I think the tokenization of gold and bond issuance is good. I am very happy with the concept of tokenization."