HSBC has been appointed as the tokenization agent for the Hong Kong Project Ensemble pilot program.According to a report by Deep Tide TechFlow on June 12, Zhu Kuang Lee, Chief Digital, Data and Innovation Officer of HSBC, stated that HSBC is focusing on three major areas of Blockchain technology: digital asset custody, the private Blockchain platform HSBC Orion, and tokenization. In the past year and a half, the HSBC Orion platform has completed over 10 bond issuances in locations such as Hong Kong, totaling more than 1.5 billion USD. HSBC also plans to expand more features on the platform, including support for the digitization of other asset classes.
In addition, HSBC has recently been appointed by Huaxia Fund Management Company as the tokenization agent for the Hong Kong Project Ensemble pilot program, assisting in the issuance and destruction of money market fund shares. Zhu Kuang Lee emphasized that tokenization helps lower investment barriers and promotes finance.
DeepFlowTech·2025-06-12 03:17