HKMA and SFC co-host seminar to advance tokenisation in Hong Kong and promote collaborative opportunities within Project Ensemble (with photos)
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The Hong Kong Monetary Authority (HKMA) and the Securities and Futures Commission (SFC) co-hosted a seminar on November 11 focusing on Project Ensemble and tokenised SFC-authorised investment products. Approximately 200 industry practitioners attended the event, where banks and industry pioneers shared their recent practical experience in tokenisation to foster further collaboration and advance Hong Kong's tokenisation ecosystem.
The seminar followed closely the HKMA announcement coincided with a major milestone during Hong Kong Fintech Week 2026 of a new chapter of EnsembleTX, which enables 24x7 interbank settlement of tokenised deposits. This development presented an opportune moment for industry participants to unlock new opportunities leveraging EnsembleTX. Meanwhile, these efforts are further bolstered by the SFC's approval of round-the-clock secondary trading for tokenised money market funds, allowing real-time investment and return optimisation by integrating tokenised deposits with investment products.
Looking ahead, Project Ensemble aims to expand the scale of transactions by introducing more impactful tokenisation use cases that deliver tangible benefits and support a sustainable tokenisation market. The HKMA will continue to work closely with the SFC and the industry to broaden the commercial applications of tokenised deposits to settle various types of tokenised investment products.
The Executive Director (Financial Infrastructure) of the HKMA, Mr Nelson Chow, said, "Hong Kong is well positioned to capitalise on the tokenisation era, driven by its advanced financial market infrastructure and an expanding array of digital money options and tokenised investment products. These capabilities serve as essential public utilities that future-proof our tokenisation ecosystem and support its continued development. The HKMA will continue to collaborate closely with the SFC to cultivate a robust environment that fosters responsible innovation in tokenisation."
The Executive Director (Investment Products) of the SFC, Ms Elisa Ng, said, "Tokenisation in Hong Kong is moving beyond experimentation towards commercialisation. The next stage is to generate traffic on these digital rails by connecting tokenised investment products, digital money and financial infrastructure. We are also encouraged by the strong turnout and stimulating discussions at the seminar. Industry insights and collaboration are crucial as we chart the way forward to translate these opportunities into practical commercial applications."
Ends/Thursday, November 12, 2026
Issued at HKT 16:15
Issued at HKT 16:15
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