Yunfeng Financial's physical gold token products do not support secondary market trading.

BlockBeats News, May 8 — The physical gold token product launched by Yunfeng Financial’s “Yunfeng Youyu” does not support secondary market trading, meaning professional investors cannot freely buy, sell, or transfer tokens on the platform or other public markets after purchase. They can only hold or redeem them with the issuer according to the agreement, aiming to maintain compliance and control liquidity risk.

Yesterday, it was reported that Yunfeng Financial (00376.HK) under “Yunfeng Youyu” platform officially launched the “Physical Gold Token” product, open to users who have completed professional investor (PI) certification. The product is supported by AlphaToken’s blockchain and RWA tokenization infrastructure, aiming to provide compliant digital gold asset allocation services for professional investors. According to the introduction, this gold token is backed by LBMA-certified physical gold with a purity of 99.99%, with each token representing 1 gram of gold. The assets are stored by internationally certified vaults and are secured through independent audits and full segregation mechanisms to ensure transparency and safety. Yunfeng Financial states that this product launch is an important step in its layout in the real-world assets (RWA) field, and in the future, it will combine AI and Web3 technologies to further introduce on-chain wealth management products for institutions and professional investors.