Hong Kong Gold Exchange-linked GoldZip taps Chainlink CCIP for XGZ token
- —XGZ is backed by 99.99% fine gold held in accredited vaults
- —Redemption requires a minimum of 1,000 tokens (one kilogram) plus AML/KYC
- —About 39,000 XGZ are in circulation, with a market cap near $5 million
- —The issuer moved to GoldZip Company Limited in the British Virgin Islands
Why it matters: The CCIP integration eases institutional access to tokenized gold and broadens real-world use of Chainlink's cross-chain infrastructure.
Source: Crypto Briefing