HSBC Digital Assets is a bank firm based in London, United Kingdom that hsbc digital assets is the digital assets and tokenization business of hsbc holdings plc, a global bank headquartered at 8 canada square, london, united kingdom. hsbc operates hsbc orion, a proprietary tokenization platform used to issue digitally native bonds; the platform has supported over 3.5 billion dollars in digital bonds across sovereign, supranational and corporate issuers. in march 2024 hsbc launched the hsbc gold token, a tokenized gold product for retail customers in hong kong authorized by the securities and futures commission; by november 2025 it exceeded 1 billion dollars in trading volume. in may 2025 hsbc launched a tokenized deposit service on hsbc orion using canton distributed ledger technology and plans to expand it to additional markets. john o'neill is group head of They serve clients in GB, HK, global. HSBC Digital Assets is listed on The Token Playbook's vetted provider registry at thetokenplaybook.com/registry/hsbc-digital-assets.