🚀BOCHK joins Ensemble project sandbox to explore tokenized financial asset trading! 💼

BOCHK has become one of the first banks to participate in the Hong Kong Monetary Authority's Ensemble project sandbox, and will conduct concept certification for two tokenized application scenarios: fixed income and investment funds and liquidity management. By simulating the identities of custodians and investors, the transaction settlement of interbank transfers (PvP) and delivery versus payment (DvP) was successfully verified. In the coming months, we will continue to cooperate with BOC International Prudential Trustee Limited and BOCHK Asset Management Limited for testing.

What do you think about the future of tokenized financial assets? See you in the comments!