加密沙律

On February 3, the tokenized real asset platform Ondo Finance announced the launch of the "Ondo Global Listing" service, claiming it can introduce on-chain trading of U.S. stocks at the time of their IPO in a "near real-time" manner, allowing trading to open on major blockchains on the first day of listing.

What does the listing of Web3 companies in Hong Kong represent? Does it signify that Web3 companies in Hong Kong have a bright future similar to that of Coinbase?

The tokenization of US stocks will not fundamentally change the way Wall Street operates in the short term, but it has already become an important item on the agenda of American financial infrastructure.

On November 3, 2025, the Hong Kong Securities and Futures Commission issued two new circulars, clarifying the latest regulatory expectations for licensed virtual asset trading platform operators. The new requirements focus on increasing the liquidity of virtual asset trading platforms and expanding the products and services offered by the platforms.