Regulation· ★★★· bullish·

Hong Kong says tokenization is moving from pilot to implementation

  • —Hong Kong has 12 licensed crypto platforms and over 1,400 fintech firms
  • —HKEX to launch tokenized warehouse receipt pilot next year
  • —Pilot with designated banks will use commodity receipts as collateral via DLT
  • —HKEX is building a multi-asset tokenization platform for warehouse receipts
Why it matters: Hong Kong is cementing its role as a hub for real-world asset tokenization, broadening institutional demand for blockchain infrastructure in Asia.
Source: PANews
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