TechFlow news: On February 5, according to The Block, a white paper jointly released by Boston Consulting Group (BCG), Aptos Labs, and Hang Seng Bank states that Hong Kong’s asset management industry could double in size if the city transitions to a token-based financial and digital currency infrastructure.
The white paper is based on the pilot results from Phase II of the Hong Kong Monetary Authority’s “e-HKD+” initiative, confirming that token-based financial infrastructure is both technically feasible and commercially promising. The research shows that adopting this technology can address counterparty risk and operational cost issues in fund management while enabling 24/7 liquidity. A survey of 500 retail investors found that 61% would be willing to double their fund allocations if tokenized products offered advantages such as instant settlement and round-the-clock access. Meanwhile, 97% of respondents expressed interest in the enhanced functionalities of tokenized funds and digital currencies.
