# Hong Kong SFC Weighs Tokenized Gold ETF for Its Next Pilot By Riza Dagoc Canonical URL: https://www.tokenpost.com/news/regulation/47305 Published: 2026-11-03T04:39:34.000Z Updated: 2026-11-03T04:39:34.000Z Section: Regulation > The first tokenized money market fund has begun secondary-market trading on licensed trading platforms. Seventeen types of tokenized retail products have been approved for issuance in Hong Kong, with $1.3 billion in c… The executive director of investment products at Hong Kong’s Securities and Futures Commission (SFC) said a tokenized gold ETF could be the regulator’s next pilot and outlined a pathway linking tokenized funds with digital currencies. The planned “Innovation Pathway” is intended to improve liquidity and treasury-management efficiency. The first tokenized money market fund has begun secondary-market trading on licensed trading platforms. The SFC previously approved [secondary trading for two ChinaAMC tokenized money market funds](), marking the first such approval for tokenized public funds on a licensed platform. Seventeen types of tokenized retail products have been approved for issuance in Hong Kong. The offerings span money market funds, gold products and ETFs, with $1.3 billion in combined assets under management. The executive director also outlined longer-term plans to expand tokenization to stocks and bonds, explore tokenized assets as collateral, and examine smart contracts for automating investment decisions and trading processes. ## Links in this article - [secondary trading for two ChinaAMC tokenized money market funds](https://www.tokenpost.com/news/regulation/41222)