Hong Kong could double its fund industry through tokenization, BCG says

A new whitepaper by Boston Consulting Group (BCG), Aptos Labs, and Hang Seng Bank suggests that Hong Kong's asset management sector could potentially double in size by adopting token-based finance and digital money infrastructure. This conclusion is based on findings from a pilot under the Hong Kong Monetary Authority's Project e-HKD+. The pilot confirmed that token-based financial infrastructure is technically viable and commercially attractive, capable of reducing counterparty risk and operational costs while offering continuous, 24/7 liquidity. Key priorities for wider adoption include regulatory compliance, business-model innovation, and scaling the technology. Investors showed strong demand, with 61% willing to double fund allocations for benefits like instant settlement and round-the-clock access. BCG experts urge financial institutions to move beyond pilots in 2026 to integrate these features commercially, requiring coordinated execution among banks, regulators, and technology providers to establish this as the new market standard.

(Source：The Block)