Hong Kong
Odaily
Hong Kong's Blockchain and Digital Asset Pilot Grant Scheme Has Facilitated HK$230 Million in Asset Tokenization
- The Blockchain and Digital Asset Pilot Grant Scheme has enabled a cumulative HK$230 million (about US$29.5 million) in tokenized assets.
- The scheme is designed to subsidize and encourage pilot projects that apply blockchain and digital asset technology in real-world financial use cases.
- The result underscores Hong Kong's ongoing policy support for asset tokenization as part of its broader digital asset and Web3 development strategy.