TechFlow News: On January 29, Liu Jia, CEO of HashKey Tokenisation, attended the Hong Kong Capital Markets Forum 2026 and participated in a roundtable discussion on digital asset development. Themed “Targeting New Opportunities, Igniting New Engines,” the forum was attended by Mr. Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region Government, and Dr. Dennis Liang, Senior Counsel of Hong Kong, among other distinguished guests. Representatives from Deloitte China, Hong Kong Exchanges and Clearing Limited (HKEX), and EY also joined to collectively explore innovative development pathways for Hong Kong’s capital markets.
Liu Jia stated: “To truly unlock the growth potential of digital assets, the key lies in systematically integrating and standardizing three critical tracks—‘funding, assets, and compliance.’” She explained that on the funding side, clear settlement arrangements for stablecoins and tokenized deposits must be established to reduce friction in 7×24-hour operational scenarios; on the asset side, the entire lifecycle of assets—from issuance and custody to clearing and settlement—must be transformed into auditable, reconcilable, standardized data interfaces to bolster institutional confidence; and on the compliance side, replicable, standardized pathways must be developed within regulatory licensing frameworks, covering on-chain identity reuse, ongoing disclosure requirements, and risk resolution mechanisms. She concluded: “Only when funds can flow seamlessly in and out, asset information can be audited and verified, and compliance frameworks can be scaled and replicated, can Hong Kong advance tokenization pilots into full-fledged industrialization—and turn innovation into long-term competitiveness.”
She added: “HashKey’s tokenization business has successfully achieved an end-to-end closed loop within a compliant framework and possesses scalability. A prime example is the tokenized fund projects with Boshi Asset Management and GF International. HashKey Tokenisation ensures consistent reconciliation between on-chain tokens and off-chain registration and custody systems, achieving ‘rights on-chain’—not merely ‘information on-chain’—thus guaranteeing auditability, accountability, and verifiability of products. Additionally, licensed virtual asset trading platforms have expanded distribution channels.” She revealed that institutional participation in tokenized products on virtual asset trading platforms continues to grow steadily. Although institutional participation remains markedly lower than in traditional asset markets, this trend signals substantial growth potential on the institutional front.
