Hong Kong's Securities and Futures Commission and Monetary Authority co-host workshop on tokenized ecosystem development.
13 minutes ago
According to official announcements, the Hong Kong Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) co-hosted a seminar yesterday, gathering over 200 financial industry stakeholders to exchange views on advancing Hong Kong’s tokenized ecosystem and boost industry collaboration. Held at the SFC’s offices, the seminar comes amid a series of recent developments in Hong Kong’s tokenized ecosystem, including the world’s first round-the-clock secondary market trading of public offering tokenized funds on a licensed virtual asset trading platform, and Ensemble(TX)’s new feature enabling 24/7 settlement of interbank tokenized deposits. Building on these latest developments, the seminar discussed multiple topics, including: opportunities tokenization brings to secondary market trading and corporate treasury management; financial infrastructure optimization measures to support payments and liquidity management; the role of virtual asset trading platforms in facilitating tokenized fund trading and providing liquidity; and use cases that can accelerate the broader adoption of tokenized currencies and tokenized investment products.
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