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Hong Kong Gold Exchange integrates Chainlink tech to enable cross-chain transfers of gold-backed XGZ token.

Protocol Fundamentals
27 Oct 2026, 10:54 WIB
Crypto news
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Bullish
Hong Kong Gold Exchange integrates Chainlink tech to enable cross-chain transfers of gold-backed XGZ token.

Hong Kong Gold Exchange (HKGX) is integrating Chainlink's Cross-Chain Interoperability Protocol (CCIP) via partners GoldZip and Midas Labs to allow its gold-backed XGZ token to move securely across multiple blockchain networks beyond Ethereum. Each XGZ token represents one gram of 99.99% fine gold, with physical redemption available for larger quantities. This integration enhances liquidity and accessibility for digital gold assets, supporting institutional adoption and expanding the token's usability across blockchain ecosystems. The move aligns with HKGX's efforts to digitize gold trading and leverage blockchain technology for institutional investors.

Chainlink (LINK) trades at Rp205.816 on Pluang with a modest 0.38% gain as of Oct 27, 2026 15:02 WIB, reflecting steady investor interest. The integration of Chainlink's Cross-Chain Interoperability Protocol by Hong Kong Gold Exchange to enable gold token transfers highlights Chainlink's growing role in blockchain interoperability. On Pluang, LINK's market cap stands at Rp153.9 trillion with a 24-hour trading volume of Rp4.97 trillion, indicating robust liquidity amid this technological adoption.

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