Hong Kong SFC Says Tokenization Is Moving From Pilot Phase to Commercial Use

The Securities and Futures Commission of Hong Kong and the Hong Kong Monetary Authority co-hosted a seminar on November 11, attended by more than 200 financial industry representatives. According to Foresight News, discussions covered tokenization opportunities in secondary-market trading and corporate treasury management, financial infrastructure for payments and liquidity management, virtual asset trading platforms’ role in tokenized fund trading and liquidity, and wider adoption of tokenized money and investment products. Wu Jiali, executive director of the SFC’s Investment Products Division, said Hong Kong’s tokenization development is moving from the pilot phase toward commercial use. She said the next stage will focus on connecting tokenized investment products, digital money and financial infrastructure to support practical applications. Zhou Wenzheng, assistant chief executive of the HKMA responsible for financial infrastructure, said the authority will continue working closely with the SFC to promote responsible innovation in tokenization.