Eddie Yue: The Hong Kong Monetary Authority (HKMA) will take the lead in demonstrating asset tokenization and will soon launch the Ensemble project pilot program.

In his opening remarks at the Fintech Week, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority (HKMA), stated that the HKMA will take the lead in demonstrating asset tokenization, such as normalizing the issuance of tokenized government bonds, and will also explore the feasibility of tokenizing Exchange Fund Bills and other bonds. The HKMA will soon launch the Ensemble pilot program to support real-world transactions and will continue to collaborate with industry stakeholders and other central banks to foster innovative tokenization use cases.