Home Hong Kong Begins Real-value Pilot For Tokenized Deposits Under Project Ensemble

Hong Kong Begins Real-value Pilot For Tokenized Deposits Under Project Ensemble

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Hong Kong Begins Real-value Pilot For Tokenized Deposits | 3.0 TV
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Hong Kong has launched the next phase of Project Ensemble, enabling real-value transactions using tokenized deposits and digital assets.

The Hong Kong Monetary Authority said this marks a major shift from sandbox testing to live settlement, strengthening the city’s ambition to become a global crypto hub.

The pilot, running through 2026, will test tokenized money-market fund transactions and real-time liquidity management.

Initially, the HKD Real Time Gross Settlement system will support interbank settlement before expanding to 24/7 tokenized central bank money. The move comes as Asia accelerates work on tokenized finance.

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Written by
Kapil Rajyaguru -

Kapil Rajyaguru is a news editor at 3.0 TV with over 15 years of professional writing experience and more than four years dedicated to the cryptoverse.

An engineer by education and a writer by passion, Kapil brings a rare mix of technical insight and storytelling finesse. A firm believer that cryptocurrencies, blockchain and AI are the building blocks of the future, he crafts in-depth news and analysis to educate, empower and prepare the masses for the next frontier of Web3.

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