Nine Themes Talking Points: Future Finance – from stablecoins to tokenised gold

Research evidence excerpt

Nine Themes Talking Points: Future Finance – from stablecoins to tokenised gold

30 June 2026

Nine Themes Talking Points Multi-AssetGlobal

Future Finance – from stablecoins to tokenised gold

◆ In the Future Finance space we take a deep dive into digital David May*

assets and focus on prospects for tokenised gold Global Head of Investment Research

HSBC Bank plc

◆ Other thematic reports look at ageing populations and david.may@hsbc.com+44 20 7991 8359

consumer spending, and the market for weight-loss drugs

* Employed by a non-US affiliate of HSBC Securities (USA) Inc, and is

◆ Further themes we cover include new alliances in global not registered/ qualified pursuant to FINRA regulations

trade and the impact of AI, climate stocks, and global autos

Welcome to Talking Points, Global Investment Research’s monthly look at the key

reports covering our nine themes, the forces driving change in economies and

markets over the longer term. This month we add a page of eye-catching facts &

figures that caught our eye – check out page 2.

What’s the future of finance? A year ago, we launched our digital assets coverage

with a deep dive into President Trump’s pledge to make the US the crypto capital of

the world. Since then, we’ve followed how quickly the space is evolving, publishing

explainers on stablecoins, blockchain technology, bitcoin, and more. Earlier this

month, our latest Talking Digital Assets podcast episode focused on tokenised gold;

hear what Daragh Maher, Head of Digital Assets Research, and James Steel, Chief

Precious Metals Analyst, think about this new blockchain-based route for investors

looking for gold exposure.

This month’s edition of Talking Points also looks at the role ageing populations could play

in consumer spending.