According to Odaily Planet Daily, Aegis Custody, a local bank crypto custody technology solution in Hong Kong, announced that it has received support from Cyberport to establish Aegis Prime, a digital asset custody and tokenization laboratory. The laboratory will provide asset management companies, securities firms and brokers, banks, family offices and insurance companies with tokenization solutions that meet the requirements of the Securities and Futures Commission and the Hong Kong Monetary Authority, and appointed Wu Ziquan as the CEO.

Aegis Prime will provide financial institutions with a user acceptance testing (UAT) environment to test physical subscriptions and redemptions of spot exchange-traded funds (ETFs), deposit and withdrawal capabilities for virtual currencies in virtual asset trading, stablecoin custody and distribution, and various tokenization use cases such as tokenized funds, tokenized bonds, and tokenized trade debt.