Hong Kong's New Sandbox Boosts RWA Tokenization

Hong Kong's New Sandbox Boosts RWA Tokenization

Hong Kong's financial regulator, the Hong Kong Monetary Authority (HKMA), has unveiled a new sandbox initiative to accelerate the adoption of tokenization across various asset classes and real-world applications within the financial sector. The initiative, named “Project Ensemble Sandbox,” aims to advance the tokenization of real-world assets (RWAs) by testing and refining the use of tokenized money for interbank settlements and transactions ...

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