đš $XRP â> Probably Nothing..
#HSBC is targeting its tokenization efforts in regional areas where Ripple has already gained significant regulatory approval đ€
Example..
HSBC just dipped their toes into tokenizing UK bonds, where Ripple secured approval from the UK FCA đŹđ§
HSBC also taps into bond tokenization in Luxembourg, and didn't Ripple just receive its FULL EMI license from Luxembourgâs CSSF đ±đș
Or, how about the middle-east and the UAE where HSBC is also tokenizing bonds, or which #RLUSD is officially recognized by Abu Dhabi's Financial Services Regulatory Authority (FSRA), allowing compliant use within the Abu Dhabi Global Market as of late 2025 đŠđȘ
Lastly, old but gold, literally: Let's forget that Ripple owned Metaco uses its custody services within HSBC's Project Orion for Gold Tokenization..
To date, HSBC's digital asset platform has facilitated over $3.5 billion in total tokenized bond and digital asset transactions globally đ