According to Foresight News, the Hong Kong Monetary Authority announced at the Ensemble project sandbox launch ceremony that the first phase of the trial will cover four major tokenized asset use case themes, including: 1. Fixed income and investment funds: Ensemble project architecture working group members include Bank of China (Hong Kong) Limited, Hang Seng Bank Limited, HashKey Group, The Hongkong and Shanghai Banking Corporation Limited, and Standard Chartered Bank (Hong Kong) Limited; 2. Liquidity management: Ensemble project architecture working group members include Bank of China (Hong Kong) Limited and The Hongkong and Shanghai Banking Corporation Limited; 3. Green and sustainable finance: Ant Digital Technology, Hang Seng Bank Limited, HashKey Group and Standard Chartered Bank (Hong Kong) Limited; 4. Trade and supply chain finance: Ant Digital Technology, Hang Seng Bank Limited, The Hongkong and Shanghai Banking Corporation Limited, Microsoft Hong Kong Limited, and Standard Chartered Bank (Hong Kong) Limited.