TechFlow reports, according to the Hong Kong Economic Journal, that Standard Chartered Hong Kong, BlackRock, and Mastercard have announced their participation in the second-phase pilot program of the "Digital Hong Kong Dollar" launched by the Hong Kong Monetary Authority. The three-party alliance will adopt an end-to-end approach to explore use cases for tokenized investments, enabling investors to directly use digital Hong Kong dollars or tokenized deposits to purchase tokenized assets and complete transaction settlements. Libeara, incubated by SC Ventures of Standard Chartered Group, will collaborate with Standard Chartered Hong Kong and BlackRock to provide the platform, jointly promoting the potential issuance of tokenized assets via Mastercard's "Multi-Token Network."
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