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HashKey Group will provide Web3 infrastructure support for the tokenization of various financial assets, including bank deposits and green bonds

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2024-05-07 08:33:59
HashKey Group will integrate its hands-on experience in virtual asset custody, trading, digital payments, STO solutions, and physical asset tokenization to provide comprehensive Web3 infrastructure support for the tokenization of various financial assets, including bank deposits and green bonds. Xiaofeng, Chairperson and CEO of HashKey Group, said, "In the new Web3 economy, CBDC based on distributed ledger technology essentially represents a digital form of cash, facilitating connectivity between traditional financial marekt and Web3 financial marekt. HKMA (HKMA) 's wCBDC Project Ensemble will initially focus on the use cases of tokenized deposits and tokenized asset transactions, further investigating the value brought by programmability and atomic settlement of digital assets. We can look forward to exploring viable standards and rules that will enable mainstream use of digital assets in financing, payment and settlement scenarios, thus contributing to a more efficient and liquid economic system in Hong Kong. "
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