Antalpha supports XAU₮ physical gold exchange in Hong Kong, with T+1 instant gold bar withdrawal.
TL;DR
Antalpha launches XAU₮ physical gold redemption in Hong Kong with T+1 delivery, partnering with Malca-Amit for secure custody, starting December 12th for institutional clients.
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According to Odaily Odaily, Antalpha today announced the launch of its XAU₮ physical gold redemption service in Hong Kong, allowing customers to enjoy efficient delivery of physical gold the next day after placing an order today.
Antalpha has entered into a strategic partnership with Malca-Amit, an LBMA member custodian, to ensure the security and compliant custody of the underlying physical gold stored locally in Hong Kong. Starting December 12th, Antalpha will offer its institutional clients XAU₮-physical gold redemption services for amounts over 2 kg, providing direct offline pickup and T+1 express delivery support, compressing the traditional gold trading cycle of several weeks to the next day.