Hong Kong to pilot tokenized warehouse receipts as loan collateral in 2027
- —HKEX and banks to test DLT-based warehouse receipt collateral in 2027
- —Hong Kong hosts 1,400 fintech firms, 8 virtual banks and 12 licensed crypto platforms
- —Multi-asset tokenization platform to include receipts from LME-approved warehouses
- —Hong Kong issued its fourth digital green bond in September using tokenized deposits
Why it matters: The pilot extends real-world asset tokenization into trade finance and reinforces Hong Kong's push to become a crypto hub.
Source: TokenPost