Hong Kong Tokenization Moves Toward Commercial Use, Regulator Says

Detailed summary

A Project Ensemble upgrade enables round-the-clock transactions using tokenized deposits as authorities seek wider practical applications ...

Hong Kong’s tokenization market is moving from experimentation toward commercial use, a senior securities regulator said, after an upgrade to Project Ensemble enabled round-the-clock transactions using tokenized deposits.

Christina Choi, executive director of investment products at the Securities and Futures Commission (SFC), spoke at a Wednesday seminar jointly organized with the Hong Kong Monetary Authority (HKMA). The event focused on Project Ensemble and SFC-authorized tokenized investment products.

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