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

Share
Hong Kong Begins Real-value Pilot For Tokenized Deposits | 3.0 TV
Share

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.

Share
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.

Leave a comment

Leave a Reply

Latest News

Pakistan Opens Banking Access For Licensed Crypto Firms
News

Pakistan Opens Banking Access For Licensed Crypto Firms

Following years of limitations on virtual assets, Pakistan’s central bank has officially permitted banks to offer services to licensed cryptocurrency companies. The...

Russia Plans Strict KYC Rules To Track Crypto Activity
News

Russia Plans Strict KYC Rules To Track Crypto Activity

New cryptocurrency regulations are being prepared by Russia’s central bank and regulators and are anticipated to go into effect in July 2026....

Tether Launches Self-custody Wallet To Simplify Crypto Payments
News

Tether Launches Self-custody Wallet To Simplify Crypto Payments

Tether, the company behind the most well-known stablecoin, USDT, released a self-custodial cryptocurrency wallet on Tuesday with the goal of giving consumers...

Crypto.com Enters Prediction Markets With High Roller Partnership
News

Crypto.com Enters Prediction Markets With High Roller Partnership

As part of its entry into prediction markets, Crypto.com has reached a final agreement with online casino startup High Roller Technologies, challenging...

Latest Blogs

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes on to completely alter the intrinsic landscape of our industries...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s quickly changing financial scene. It is now a structural component...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by expanding urbanization and increased investments. As it is, the global...

AI-integrated Crypto Wallet: Safe & Efficient Management?

  Are you a crypto wallet user? If yes, is it an AI-integrated crypto wallet? In case you are wondering what exactly...

Related Articles

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by...

AI-integrated Crypto Wallet: Safe & Efficient Management?

  Are you a crypto wallet user? If yes, is it an...