The Solana Company, a publicly listed digital-asset treasury firm, holds 2.2 million SOL worth nearly $197 million and plans to expand its tokenization services platform in Hong Kong. According to Odaily, the company may grow its local team to 30 people to serve banks and could assess market demand in six months.
Chairman and CEO Joseph Chee said the Asia-Pacific region represents the company’s largest opportunity. He said The Solana Company plans to build infrastructure and provide tokenization services in Hong Kong.
Hong Kong’s Office for Attracting Strategic Enterprises (OASES) has named the company as a member of its seventh batch of strategic enterprises. The Hong Kong Monetary Authority has approved HSBC and Anchorpoint to launch Hong Kong dollar stablecoins; Anchorpoint plans to offer native token issuance and redemption on the Solana blockchain. Local regulators have approved 17 tokenized retail products with assets under management of $1.3 billion, up by more than one-third from last year.