Business
HSBC's Digital Asset Push and Stock Slump
HSBC has launched a tokenized gold product, driving its stock value up. However, the bank’s stock is down 35%, and oil prices are at $145 in HSBC’s darkest scenario.
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MarketWatch
HSBC Holdings on Tuesday said it’s made a big push into digital assets, including a tokenized gold product that’s already seen $1 billion in value traded, as the bank’s stock slumped on unexpectedly high provisions.
2026-05-05 08:33 UTC