Hong Kong is pushing towards on-chain finance through tokenized assets denominated in major currencies like USD, HKD, and offshore yuan, pegged to SOFR.
Assets built on HashKey Chain will soon be distributed, representing a significant RWA tokenization project by a major Chinese brokerage in Hong Kong.
CEO of GF Securities (Hong Kong), Zeng Chao, views the collaboration with HashKey as strategic for future growth in digital assets and on-chain financial services.
The move aligns with Hong Kong's latest policy direction to support tokenized real-world assets and expand crypto licensing, with other firms like Guotai Junan International and Huatai International also venturing into crypto services.