HSBC: Has been appointed by Huaxia Fund as the tokenization agent for the Hong Kong Project Ensemble pilot program

ChainCatcher news, according to reports from the newspaper, HSBC's Chief Digital, Data and Innovation Officer Zhu Kuang Lee stated that HSBC will focus on three key areas in blockchain applications: digital asset custody, the HSBC Orion platform, and tokenization. Over the past year and a half, HSBC's private blockchain HSBC Orion has completed the issuance of more than 10 bonds in places like Hong Kong, with a total issuance scale exceeding 1.5 billion USD.

In addition, Zhu Kuang Lee also revealed that China AMC has designated HSBC as the tokenization agent for the pilot program under Project Ensemble in Hong Kong.