AlphaToken’s Hong Kong-regulated gold token XAUa goes live on Sui

The gram-backed gold token uses Sui's Permissioned Asset Standard to restrict trading to approved institutional buyers Gold has been a store of value for a few thousand years. Now it has a new address on the Sui blockchain. AlphaToken’s XAUa, a gold token that complies with Hong Kong regulations, is now live on Sui. It launched on October 28, 2026, and it was built with Sui’s Permissioned Asset Standard, or PAS. That design choice matters more than the gold itself, because it controls exactly who is allowed to hold the token. What XAUa actually is Each XAUa token represents one gram of physical gold. The metal is 99.99% purity, carries LBMA certification, and sits in Brinks’ custody in Hong Kong. The work is split between two firms. AlphaToken handles issuance and compliance. TBook runs the onchain distribution side. The intended buyers are not retail traders hunting for weekend exposure. TBook is focusing distribution on qualified institutional buyers, operating under strict regulatory guidelines. That institutional focus shows up in the product’s features. XAUa includes asset segregation and regular oversight reports, the kind of plumbing compliance teams expect before they sign ...