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Altcoins & DeFi

Chainlink could enable cross-chain transfers of XGZ, a gold token, beyond Ethereum

Image: The Cryptonomist

Hong Kong Gold Exchange (HKGX) is preparing to enable cross-chain transfers of its gold-backed XGZ token, extending it beyond Ethereum. In an October 27, 2026 announcement, Chainlink said GoldZip and Midas Labs are integrating its Cross-Chain Interoperability Protocol (CCIP) to move XGZ across supported blockchain networks. Key takeaways XGZ’s planned CCIP integration would extend transfers beyond Ethereum. Each token represents one gram of 99.99% fine physical gold. Gold redemption starts at 1,000 XGZ and requires eligibility and compliance checks. GoldZip targets physical gold reserves of about $300 million. CCIP opens cross-chain transfers for the XGZ gold token The Chainlink CCIP integration is intended to let holders transfer XGZ between supported networks rather than remain limited to its existing Ethereum deployment. XGZ currently operates as an ERC-20 token .

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