đ **Hong Kong's Tokenization Sandbox Takes Off!**
Hong Kong's Markets Authority (HKMA) just launched its tokenization 'Ensemble sandbox' on Wednesday, and big players like HSBC and Global Shipping Business Network are already diving in! đŠ
- **HSBC**: Completed three proof of concept tests, including digital bond purchases and interbank transfers using tokenized deposits.
- **Global Shipping Business Network**: Tested electronic bills of lading (eBL) with blockchain tech.
- **HashKey Group**: Plans to explore tokenization and trading of real-world assets.
Julia Leung, CEO of the Securities and Futures Commission, says this project will "future proof" the financial system. What do you think about this move? Share your thoughts in the comments! đŹ