Jack Ma, a licensed financial institution in Hong Kong, has launched a physical gold RWA product on the "Yunfeng Youyu" platform under Yunfeng Financial, which is open to professional investors. This product is based on physical gold certified by LBMA with a purity of 99.99% as the underlying asset. Each token corresponds to 1 gram of gold and is hosted by the LBMA certified vault. The related on chain issuance and RWA infrastructure are provided by AlphaToken. Previously, Yunfeng Financial announced its layout in the Web3, RWA, and digital asset fields, and strategically invested in the RWA public chain Pharos. https://(wublock123.com)/news/hong-kong-licensed-cloudfront-financial-physical-gold-rwa-product-60744