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Hong Kong Securities Supervision Commission: RWA tokenized products currently on the market are temporarily unsuitable for cooperative stock trading

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2025-10-02 01:33:38
Hong Kong Securities Supervision Commission in charge of virtual asset trading intermediary department executive director Ye Zhiheng said in an interview with Hong Kong media, WA accounted for less than 1% of the global digital asset management scale (AUM), the transaction is far less than 1%, the current market RWA tokenization products are mainly related to fixed income products (such as money market funds), to be applied to securities trading, settlement, with the delay of blockchain technology, compared to the traditional exchange trading, settlement system high efficiency and no advantage, it is difficult to cooperate with high-frequency trading, temporarily unsuitable for stock trading. Ye Zhiheng also revealed that there are about 300 colleagues in the intermediary department of the Hong Kong Securities Supervision Commission, 50 of whom are highly involved in the supervision of virtual property, including licensing, AML, etc., and plan to hire external personnel to improve work effectiveness.
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