Eddid Financial Coordinates Issuance of Hong Kong's First Silver RWA
Sets New Tokenisation Benchmark in Partnership with Timeless (8028.HK)
HONG KONG, March 30, 2026 /PRNewswire/ -- Eddid Financial ("the Group"), acting as the sole coordinator, announced the successful issuance of Hong Kong's first silver real-world asset tokenisation ("RWA") project. The silver token project was initiated by Timeless Resources Holdings Limited ("Timeless", Stock Code: 8028.HK) and its subsidiaries, which also supply the underlying physical silver. This issuance marks a significant milestone in the digital transformation of Hong Kong's financial markets, showcasing the successful application of innovative Web3 technologies to traditional physical assets by both Eddid Financial and Timeless.
Comprehensive Issuance Coordination and Strict Physical Asset Custody
Eddid Securities and Futures, a subsidiary of Eddid Financial, was responsible for the overall coordination and placement of the project. With the successful on-chain deployment of the tokens today, all corresponding physical silver assets have been placed under strict custody arrangements and officially taken over by an independent trustee. Each token is fully backed by physical assets, ensuring the highest level of protection for professional investors' rights and interests right from the foundational architecture.
Exceptional Compliance Standards and SFC "No Further Comment" Clearance
As the sole coordinator, Eddid Financial demonstrated outstanding capital market execution and digital asset compliance capabilities throughout the issuance process. The project's product design, issuance structure, on-chain mechanics, custody arrangements, and sales model have all been reported to the Hong Kong Securities and Futures Commission ("SFC"), securing a confirmation of no further comment. The successful launch of this project validates the Group's full mastery of the end-to-end compliant operation of real-world asset tokenisation, laying a robust foundation for the future rollout of more diversified RWA products.
Leveraging Comprehensive Licensing to Expand Strategic RWA Footprint
Looking ahead, Eddid Financial will continue to leverage its comprehensive licensing advantages to actively expand its strategic presence in the RWA sector. The Group is committed to assisting various industries in transforming traditional assets into compliant digital assets, delivering premium asset allocation choices for investors.
SOURCE Eddid Financial
Share this article