PANews
PANews|Oct 28, 2026 14:27
[Hong Kong-Regulated Tokenized Gold XAUa Launched on Sui Blockchain] XAUa, a tokenized gold regulated in Hong Kong, has been launched on Sui. The token is minted based on Sui's Permissioned Asset Standard (PAS), issued by AlphaToken, and distributed to on-chain users by TBook. Each XAUa is backed by physical gold stored in Hong Kong, and holding and purchasing it requires meeting eligibility requirements. According to PAS rules, issuers incorporate compliance rules into their policies, and each transaction must pass policy verification before settlement; failed transactions are rejected, and the balance remains unchanged. TBook has migrated and rebuilt its vault issuance platform to PAS, allowing subsequent RWA issuers to directly issue vaults with similar compliance controls on Sui.
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