HashKey RWA | The Weekly View | November 2-8, 2026
🔝 Weekly View: Hong Kong advanced tokenised settlement and secondary trading during FinTech Week, while financial institutions in Asia and Europe expanded their tokenised fund offerings.
📊 Number of focus: US$1.3 billion
The enised retail products — spanning money market funds, gold products and ETFs — with combined assets under management of US$1.3 billion, and has cleared the first batch of tokenised money market funds for secondary trading. [1]
Top News:
1️⃣ SFC clears tokenised money market funds for secondary trading, with tokenised gold ETFs flagged as the next pilot. [1]
2️⃣ HKMA moves to accelerate 24/7 settlement of tokenised transactions under Project Ensemble. [2]
3️⃣ CMU OmniClear completes trial trades of tokenised Exchange Fund Bills on its Digital Asset Platform, using on-chain atomic DvP. [3]
4️⃣ Standard Chartered launches tokenised deposit services for corporate clients in Hong Kong. [4]
5️⃣ SBI brings its tokenised Japanese equity fund to HashKey Exchange, allowing qualified investors to subscribe and redeem in USDC. [5]
What's on your radar this week? Follow us for the latest updates on tokenisation.
🔝 Weekly View: Hong Kong advanced tokenised settlement and secondary trading during FinTech Week, while financial institutions in Asia and Europe expanded their tokenised fund offerings.
📊 Number of focus: US$1.3 billion
The enised retail products — spanning money market funds, gold products and ETFs — with combined assets under management of US$1.3 billion, and has cleared the first batch of tokenised money market funds for secondary trading. [1]
Top News:
1️⃣ SFC clears tokenised money market funds for secondary trading, with tokenised gold ETFs flagged as the next pilot. [1]
2️⃣ HKMA moves to accelerate 24/7 settlement of tokenised transactions under Project Ensemble. [2]
3️⃣ CMU OmniClear completes trial trades of tokenised Exchange Fund Bills on its Digital Asset Platform, using on-chain atomic DvP. [3]
4️⃣ Standard Chartered launches tokenised deposit services for corporate clients in Hong Kong. [4]
5️⃣ SBI brings its tokenised Japanese equity fund to HashKey Exchange, allowing qualified investors to subscribe and redeem in USDC. [5]
What's on your radar this week? Follow us for the latest updates on tokenisation.
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Great to connect and share ideas at #HKFTW2026! 💙
🎬 2026 Hong Kong FinTech Week | Event Highlights
A look back at the conversations, connections, and moments that made #HKFTW2026 unforgettable. 💙
Thank you to everyone who was part of it. Until next year!
🎥 Relive the highlights.
#HashKeyGroup #HKFTW2026 #DigitalAssets
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🌐 Advancing Institutional Interoperability in Tokenised Finance.
Anna Liu, CEO of HashKey RWA, delivered a keynote speech at #HKFTW2026, sharing her perspectives on the next stage of tokenisation and institutional interoperability.
She highlighted ownership, money, and illars for reducing cross-institutional connectivity costs and enabling tokenised assets to move across institutions. Lowering these barriers can improve efficiency, encourage broader institutional participation, and create the network effects needed to scale tokenised finance.
Read more: panews.io/articles/01a1a…
#HashKeyRWA #HKFTW2026 #Tokenisation
Anna Liu, CEO of HashKey RWA, delivered a keynote speech at #HKFTW2026, sharing her perspectives on the next stage of tokenisation and institutional interoperability.
She highlighted ownership, money, and illars for reducing cross-institutional connectivity costs and enabling tokenised assets to move across institutions. Lowering these barriers can improve efficiency, encourage broader institutional participation, and create the network effects needed to scale tokenised finance.
Read more: panews.io/articles/01a1a…
#HashKeyRWA #HKFTW2026 #Tokenisation
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🎙️ Anna Liu, CEO of HashKey RWA, spoke with CNBC about Hong Kong's evolving fintech landscape and the growing adoption of asset tokenization.
Key Highlights:
🔹 Regulatory Clarity: Hong Kong's legal framework and market infrastructure are becoming more mature.
🔹 Market stry awareness is helping institutions better understand tokenisation.
🔹 Real-World Adoption: Institutional conversations are shifting from "What is tokenisation?" to "How do we put it into practice?"
🎥 Watch the interview:
cnbc.com/video/2026/10/…
#HashKeyRWA #Tokenization #HongKong #RWA
Key Highlights:
🔹 Regulatory Clarity: Hong Kong's legal framework and market infrastructure are becoming more mature.
🔹 Market stry awareness is helping institutions better understand tokenisation.
🔹 Real-World Adoption: Institutional conversations are shifting from "What is tokenisation?" to "How do we put it into practice?"
🎥 Watch the interview:
cnbc.com/video/2026/10/…
#HashKeyRWA #Tokenization #HongKong #RWA
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HashKey RWA supports the continued development of institutional-grade infrastructure for tokenised finance, advancing the integration of traditional finance and digital asset infrastructure.
🔔 HashKey Group has joined the HKMA's Ensembleᵀˣ initiative as an Industry Pioneer.
Leveraging our integrated capabilities in digital asset trading, asset management, asset tokenisation and on-chain infrastructure, we will explore the use of tokenised deposits in real-world se efforts aim to support the gradual commercialisation of tokenised deposits in Hong Kong, building on the real-value transaction pilot under EnsembleTXᵀˣ.
HashKey has participated in the HKMA’s Project Ensemble Architecture Community and Ensemble Sandbox, and is a member of the HKMA’s Tokenised Bond Expert Group. We continue to participate in industry initiatives and the development of market mechanisms for tokenised finance in Hong Kong.
Read more: apnews.com/press-release/…
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Women's leadership plays an important role in shaping the future of innovation.
At WCE Summit 2026, Anna Liu, CEO of HashKey RWA, shared her perspectives on leadership, innovation, and opportunities for women in emerging industries.
#HashKeyRWA #WCESummit2026
At WCE Summit 2026, Anna Liu, CEO of HashKey RWA, shared her perspectives on leadership, innovation, and opportunities for women in emerging industries.
#HashKeyRWA #WCESummit2026
🌐 Empowering Women Leaders, Shaping the Future of Innovation.
Anna Liu, CEO of @HashKeyRWA, spoke at WCE Summit 2026, sharing her perspectives on women's leadership, career development, and innovation in emerging industries.
HashKey Group is committed to fostering an inclusive can grow, lead, and help shape the future of digital finance.
More details: panews.io/articles/01a19…
#HashKeyGroup #WCESummit2026 #Web3
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Another step forward for real-world asset tokenization.
HashKey RWA is helping bridge traditional financial markets and on-chain infrastructure through initiatives like this.
#HashKeyRWA #Tokenization #RWA
HashKey RWA is helping bridge traditional financial markets and on-chain infrastructure through initiatives like this.
#HashKeyRWA #Tokenization #RWA
Proud to be among the first wallet and application partners for @The_DTCC's Tokenization Service!
We look forward to advancing the future of tokenization together.
#HashKey #Tokenization #RWA #DTCC
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🔔 Join us during #HKFTW2026!
Andy Lee, Partner at HashKey RWA, will join the panel discussion "The Future of Institutional Finance: AI & Digital Assets" to share insights on the future of institutional finance.
📅 Nov 3, 2026 | 10:00–12:00 HKT
📍 Hong Kong
🔗 Register: luma.com/empjdzmc
#HashKeyRWA #HKFTW2026 #DigitalAssets #AI
Andy Lee, Partner at HashKey RWA, will join the panel discussion "The Future of Institutional Finance: AI & Digital Assets" to share insights on the future of institutional finance.
📅 Nov 3, 2026 | 10:00–12:00 HKT
📍 Hong Kong
🔗 Register: luma.com/empjdzmc
#HashKeyRWA #HKFTW2026 #DigitalAssets #AI
🔔 Join @HashKeyCloud, @XDCNetwork, and @btcloanofficial during #HKFTW2026!
Featured Panel Discussion
The Future of Institutional Finance: AI & Digital Assets
🎙️ Moderator
Joy Lam | Founder, Clarient Advisory
👥 Speakers
✨ Andy Lee | Partner, HashKey RWA @HashKeyRWA
✨ Brett HornOfficer, Anseta @AnsetaHQ
✨ Chen Shanlong | Chief Partnerships Officer, XDC Network @XDCNetwork
✨ Jason Jo | Head of BD, APAC, BTCLOAN @btcloanofficial
✨ Kennie Ong | Head of Solutions, APAC, Ubyx @ubyx_
✨ Luca Zorzino | General Partner, Illuminate Financial @IlluminateFM
📅 Nov 3, 2026 | 10:00–12:00 HKT
📍 Hong Kong
🔗 Register: luma.com/empjdzmc
#HashKeyCloud #XDCNetwork #AI #DigitalAssets #HKFTW2026
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How are emerging technologies shaping the next phase of business growth across APAC?
Anna Liu, CEO of HashKey RWA, will join fellow business leaders at the Women Chief Executives Summit 2026 to discuss how innovations such as RWA tokenisation are creating new market e the challenges of navigating regulation and scaling across borders.
View the full programme and register here plus-concepts.com/WCE2026/
Anna Liu, CEO of HashKey RWA, will join fellow business leaders at the Women Chief Executives Summit 2026 to discuss how innovations such as RWA tokenisation are creating new market e the challenges of navigating regulation and scaling across borders.
View the full programme and register here plus-concepts.com/WCE2026/
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HashKey RWA launches the first product under the HashKey “hToken” series, advancing traditional financial asset tokenisation through our One-Stop Issuance Solution.
The series creates new digital issuance and distribution channels for traditional financial assets, moving beyond s towards a standardised, scalable issuance model, without requiring extensive modifications to existing underlying fund structures.
The first tokenised securities product, backed by Class A fund units in HashKey Fintech Opportunities Limited (HFOL Class A), an actively managed investment fund managed by @HashKey_Capital, is now live on @HashKeyExchange Earn Channel.
Learn more 👇
group.hashkey.com/en/hashkey-rwa…
The series creates new digital issuance and distribution channels for traditional financial assets, moving beyond s towards a standardised, scalable issuance model, without requiring extensive modifications to existing underlying fund structures.
The first tokenised securities product, backed by Class A fund units in HashKey Fintech Opportunities Limited (HFOL Class A), an actively managed investment fund managed by @HashKey_Capital, is now live on @HashKeyExchange Earn Channel.
Learn more 👇
group.hashkey.com/en/hashkey-rwa…
💰 New Product on HashKey Exchange Earn Channel
💎 HashKey Tokenised HFOL Class A (HHFOLA), a tokenised fund-linked trust certificate offering eligible investors exposure to Class A Shares of an actively managed fund managed by @HashKey_Capital.
✅ Professional Investors rrency: USDT (ERC20)
✅ Minimum subscription: 100,000 USDT
Details & disclaimers: support.hashkey.com/hc/en-gb/artic…
Earn Channel: exchange.hashkey.com/en-US/earn
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HashKey RWA is heading to Lisbon. 🇵🇹
Our Partner, Andy Lee @apwlxyz, will be at several events, and we look forward to engaging with industry peers on RWA tokenisation and the development of institutional on-chain capital markets.
📍 Alpaca Partners Conference | Oct 26–28
📍 28–29
See you in Lisbon.
Our Partner, Andy Lee @apwlxyz, will be at several events, and we look forward to engaging with industry peers on RWA tokenisation and the development of institutional on-chain capital markets.
📍 Alpaca Partners Conference | Oct 26–28
📍 28–29
See you in Lisbon.
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HashKey RWA | The Weekly View | October 12-18, 2026
🔝 Weekly View: Asia advanced tokenised finance, while U.S. tokenised-equity plans faced pushback and stablecoin payments gained momentum.
📊 Number of Focus: US$482 billion
Stablecoin payments reached US$482 billion in the 26, up 45% from a year earlier, even as circulating supply stayed flat. [1]
Top News:
1️⃣ Deutsche Bank targets Asia crypto custody expansion in 2027 as its German launch nears. [2]
2️⃣ South Korea moves to open bond and fund tokenisation, proposing a KRW 100m annual net-buy cap for retail OTC investment. [3]
3️⃣ Robinhood explores a tokenised actively managed ETF with T. Rowe Price. [4]
4️⃣ Multiple companies object to being part of the OKX–ICE tokenised-stock TSV plans, testing the SEC's tokenised-equity framework. [5]
What's on your radar this week?
Follow us for the latest updates on tokenisation.
🔝 Weekly View: Asia advanced tokenised finance, while U.S. tokenised-equity plans faced pushback and stablecoin payments gained momentum.
📊 Number of Focus: US$482 billion
Stablecoin payments reached US$482 billion in the 26, up 45% from a year earlier, even as circulating supply stayed flat. [1]
Top News:
1️⃣ Deutsche Bank targets Asia crypto custody expansion in 2027 as its German launch nears. [2]
2️⃣ South Korea moves to open bond and fund tokenisation, proposing a KRW 100m annual net-buy cap for retail OTC investment. [3]
3️⃣ Robinhood explores a tokenised actively managed ETF with T. Rowe Price. [4]
4️⃣ Multiple companies object to being part of the OKX–ICE tokenised-stock TSV plans, testing the SEC's tokenised-equity framework. [5]
What's on your radar this week?
Follow us for the latest updates on tokenisation.
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Hong Kong FinTech Week is coming up! 🇭🇰
Catch @HashKeyRWA CEO Anna Liu on stage, and come meet the team at the HashKey booth. 👋
Catch @HashKeyRWA CEO Anna Liu on stage, and come meet the team at the HashKey booth. 👋
The HashKey team is heading to Hong Kong FinTech Week, Nov. 2–6. 🇭🇰
Catch our speakers throughout the week:
🎙️ Dr. Xiao Feng — Chairman & CEO, HashKey Group
🎙️ Rachel Qiu — Head of Business Development at HashKey Group & COO of HashKey On-Chain BG
🎙️ Anna Liu — CEO, @HashKeyRWA
Come fip by the HashKey booth. See you there. 👋
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24/7 trading is coming, but the market infrastructure around it still has work to do.
At The Capital Summit × @AsiaStablecoin Conference in Singapore, Andy Lee @apwlxyz, Partner at HashKey RWA, shared his view on the shift towards around-the-clock markets.
From settlement and tal formation, key pieces still need to evolve. But the direction is clear, and 2027 could be an interesting year for tokenised markets.
At The Capital Summit × @AsiaStablecoin Conference in Singapore, Andy Lee @apwlxyz, Partner at HashKey RWA, shared his view on the shift towards around-the-clock markets.
From settlement and tal formation, key pieces still need to evolve. But the direction is clear, and 2027 could be an interesting year for tokenised markets.
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HashKey RWA | The Weekly View | October 5-11, 2026
🔝 Weekly View: Asia advanced regulated tokenisation rails while the EU kept its digital euro on a 2029 path, and private-market access moved further onchain.
📊 Number of Focus: US$2.3 billion (as of Jul 31, 2026)
The IMF's ed-stock market, with over half of trading outside the U.S. market hours. [1]
Top News:
1️⃣ Hong Kong to table a bill licensing virtual-asset dealing, custody, advisory and management services by year-end. [2]
2️⃣ ECB says the digital euro will strengthen European banks' competitiveness, targeting a 2029 launch. [3]
3️⃣ Ondo Finance launches Ondo Private Markets, bringing tokenised pre-IPO private-company exposure onchain with 24/7 trading. [4]
4️⃣ Standard Chartered's Singapore branch plans crypto, stablecoin and tokenised-RWA custody for institutional investors. [5]
What's on your radar this week?
Follow us for the latest updates on tokenisation.
🔝 Weekly View: Asia advanced regulated tokenisation rails while the EU kept its digital euro on a 2029 path, and private-market access moved further onchain.
📊 Number of Focus: US$2.3 billion (as of Jul 31, 2026)
The IMF's ed-stock market, with over half of trading outside the U.S. market hours. [1]
Top News:
1️⃣ Hong Kong to table a bill licensing virtual-asset dealing, custody, advisory and management services by year-end. [2]
2️⃣ ECB says the digital euro will strengthen European banks' competitiveness, targeting a 2029 launch. [3]
3️⃣ Ondo Finance launches Ondo Private Markets, bringing tokenised pre-IPO private-company exposure onchain with 24/7 trading. [4]
4️⃣ Standard Chartered's Singapore branch plans crypto, stablecoin and tokenised-RWA custody for institutional investors. [5]
What's on your radar this week?
Follow us for the latest updates on tokenisation.
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At The Capital Summit × @AsiaStablecoin Conference in Seoul, Andy Lee @apwlxyz, Partner at HashKey RWA, joined the discussion on “Exotic Asset Tokenization: The Asset Classes Asian Investors Will Buy Next.”
Three key takeaways from the discussion:
🇰🇷 New types of assets: conomy, including K pop and entertainment, is creating new possibilities for bringing cultural assets onchain.
🌏 From local assets to global access: With Korea’s tokenised securities framework advancing towards 2027, market participants are exploring how experiences from markets such as Hong Kong could help bring Korean assets to a broader global investor base.
🔄 Beyond issuance: Bringing assets onchain is only the beginning. How those assets are used, traded and incorporated into portfolio allocation will be equally important as the market develops.
Three key takeaways from the discussion:
🇰🇷 New types of assets: conomy, including K pop and entertainment, is creating new possibilities for bringing cultural assets onchain.
🌏 From local assets to global access: With Korea’s tokenised securities framework advancing towards 2027, market participants are exploring how experiences from markets such as Hong Kong could help bring Korean assets to a broader global investor base.
🔄 Beyond issuance: Bringing assets onchain is only the beginning. How those assets are used, traded and incorporated into portfolio allocation will be equally important as the market develops.
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A regulatory framework is only the beginning. Liquidity has to be deliberately built.
At STO Summit 2026, part of Korea Premium Weeks 2026 co-hosted by Korea’s Financial Services Commission (FSC) and Korea Exchange, HashKey RWA CEO Anna Liu delivered a keynote titled “Building rom Framework to Market”.
As Korea prepares for its Token Securities Act to take full effect in 2027, Anna highlighted that the focus needs to go beyond issuance to how money and securities actually meet on-chain from day one.
That means building the funding side and asset side together, with liquidity designed into the market from the start.
Read more panewslab.com/zh/articles/01…
At STO Summit 2026, part of Korea Premium Weeks 2026 co-hosted by Korea’s Financial Services Commission (FSC) and Korea Exchange, HashKey RWA CEO Anna Liu delivered a keynote titled “Building rom Framework to Market”.
As Korea prepares for its Token Securities Act to take full effect in 2027, Anna highlighted that the focus needs to go beyond issuance to how money and securities actually meet on-chain from day one.
That means building the funding side and asset side together, with liquidity designed into the market from the start.
Read more panewslab.com/zh/articles/01…
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