TechFlow news, on February 18 at the Web3 Connect: An Institutional-Focused Forum event co-hosted by OSL, Blockdaemon, and Solomon, OSL Chief Institutional Business Officer (CIBO) Zhang Yinghua stated that Hong Kong's regulatory framework is undergoing significant upgrades. Spot digital asset ETFs have seen continuous growth in scale since their launch, and the integration of digital assets with traditional finance (TradFi) is advancing at a pace exceeding expectations—particularly in stablecoins and cross-border transactions. The next phase will focus on liquidity optimization and product innovation, while tokenization of real-world assets (Retail RWA) is gradually becoming standardized, opening up new investment channels.
Zhang emphasized that the maturity of the digital asset market will be measured by two benchmarks: depth of institutional participation and degree of regulatory inclusiveness. Hong Kong’s unique value lies in building market trust through its licensing system while preserving innovation flexibility via sandbox mechanisms. Going forward, "compliant middleware" connecting traditional financial data with on-chain assets will become the core of infrastructure competition in the industry.
