🚨 Hong Kong aims to incorporate 'asset tokenization' into the 10-year roadmap

The latest report from the Hong Kong Monetary Authority provides a clear timeline:

⏳ 2–5 years (mid-term goal)

Comprehensively promote the tokenization of physical assets (real estate, funds, bonds, etc.)

Develop more tokenized financial instruments

Lay the foundation, establish standards, and conduct large-scale pilot programs

⏳ 5–10 years (long-term vision)

Fully establish a tokenized issuance and secondary trading system

Create a unified data and compliance framework

Promote large-scale tokenized assets for trading, settlement, and circulation in Hong Kong

Enhance market transparency and efficiency

⛓️ At the same time, accelerate the construction of:

Tokenization platforms

Smart contract applications

Near-instant settlement networks

In summary:

👉 Hong Kong aims to fully integrate the underlying infrastructure of the capital market onto the blockchain, becoming the next-generation global capital hub.