Hong Kong Markets Authority Opens Its Tokenization Sandbox and Major Institutions Dive In

Hong Kong Markets Authority Opens Its Tokenization Sandbox and Major Institutions Dive In


Hong Kong’s Markets Authority opened up its tokenization ‘Ensemble sandbox’ on Wednesday. Major institutions like HSBC and Global Shipping Business Network have already begun testing proof of concepts and HashKey Group plans to join the sandbox. The project is meant to future proof the financial system Julia Leung Chief Executive Officer of the Securities and Futures Commission said.

Hong Kong’s Markets Authority (HKMA) opened up its tokenization ‘Ensemble sandbox’ on Wednesday and major institutions like HSBC have already begun testing proof of concepts.

The sandbox is meant to “build the grand architecture for Hong Kong’s tokenization market and connect all essential pieces

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