1. Hong Kong’s Weekly Summary 1.1 Hong Kong Chinese Financial Association Vice Chairman: Prospects for RWA Investment Opening to Retail Investors link In an article published in the Sing Tao Daily, Vice Chairman of the Hong Kong Chinese Financial Association, Yang Zaiyong, stated that Guangfa Securities (Hong Kong) has successfully issued the first commercial paper tokenized securities applicable under Hong Kong law, marking a new milestone in the development of digital finance in Hong Kong. The Securities and Futures Commission of Hong Kong recently made it clear that securities token offering (STO) and Real World Asset (RWA) investment may be opened to retail investors. If the SFC has explicitly stated that RWA investment is likely to be open to retail investors, this undoubtedly can attract more capital inflow, providing a boost for RWA innovation.
Asia's weekly TOP10 crypto news (Apr 1 to Apr 7)
Asia's weekly TOP10 crypto news (Apr 1 to Apr…
Asia's weekly TOP10 crypto news (Apr 1 to Apr 7)
1. Hong Kong’s Weekly Summary 1.1 Hong Kong Chinese Financial Association Vice Chairman: Prospects for RWA Investment Opening to Retail Investors link In an article published in the Sing Tao Daily, Vice Chairman of the Hong Kong Chinese Financial Association, Yang Zaiyong, stated that Guangfa Securities (Hong Kong) has successfully issued the first commercial paper tokenized securities applicable under Hong Kong law, marking a new milestone in the development of digital finance in Hong Kong. The Securities and Futures Commission of Hong Kong recently made it clear that securities token offering (STO) and Real World Asset (RWA) investment may be opened to retail investors. If the SFC has explicitly stated that RWA investment is likely to be open to retail investors, this undoubtedly can attract more capital inflow, providing a boost for RWA innovation.