HKMA and SFC jointly hold seminar to advance tokenization and Project Ensemble collaboration in Hong Kong
HKMA and SFC co-host seminar to advance tokenisation in Hong Kong and promote collaborative opportunities within Project Ensemble
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HKMA and SFC jointly held a seminar to discuss the development of tokenization and collaboration in Hong Kong, focusing on Project Ensemble and SFC-recognized tokenized investment products. Around 200 industry participants attended, with banks and industry pioneers sharing practical experience. The seminar noted that Ensemble TX supports 24/7 interbank settlement of tokenized deposits, and that SFC has approved round-the-clock secondary trading of tokenized money market funds.
The seminar connected interbank settlement of tokenized deposits with secondary trading of tokenized money market funds, presenting the infrastructure path for advancing related commercial applications in Hong Kong.
Source:HKMA — Press releases (English) · hkma.gov.hk