CCP-led Project Ensemble Boosting Hong Kong’s Tokenisation Aim

Hong Kong’s strategic move towards establishing a tokenised financial ecosystem is set to draw more organizations towards establishing their treasury hubs in the city. This initiative not only expands investment choices for investors but also lowers transaction expenses, as outlined by industry experts. According to representatives from Standard Chartered, China Asset Management (Hong Kong), and InvestHK, both businesses and individuals will reap the benefits of enhanced tokenisation of money and assets. The move towards tokenisation is anticipated to streamline financial services, making them speedier, more efficacious, and accessible, especially with government-led initiatives like Project Ensemble gaining momentum. King Leung, global…