Our Group / Regulation and licences
Regulation and licences
The permissions behind our work — from physical gold and ESPG to tokenised funds and custody. Each belongs to a named company, with its own scope and responsibilities.
Explore the licences01 / Hong Kong
The permissions behind the work.
Hong Kong
DPMS Category A Registrant
Registration No. A-B-25-03-08913
Customs and Excise Department
What it enables
Issuance, redemption and trading services of ESPE Gold (ESPG), a precious-metal-backed instrument, and physical bullion products.
Hong Kong
SFC Type 4 and Type 9
Advising on securities · Asset management
Licence No. BAO325
Securities and Futures Commission
What it enables
Issuance and secondary trading of tokenised funds — regulated real-world assets.
Subject to the applicable permissions, licence conditions and fund documents; Type 4 and Type 9 do not confer a general trading-venue licence.
Hong Kong
Trust or Company Service Provider
Licence No. TC010260
Companies Registry
What it enables
Custodian service for ESPG, tokenised funds, tokenised experiences and physical bullion.
Services are governed by the relevant custody or nominee agreement. Physical bullion is vaulted at Brink’s Hong Kong.
02 / Singapore
The next jurisdiction.
Singapore
Ministry of Law registration
Precious Stones and Precious Metals Act 2019
Ministry of Law
In progress
Intended activity
Registration to deal in precious-asset-backed instruments in Singapore.
Registration is in progress and is not yet held. The intended activity remains subject to registration and its applicable conditions.
Esperanza — original page As published · 9 September 2026