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The Hong Kong digital asset market is experiencing explosive rise, with the total trading volume soaring 233% in six months.
According to reports, HKMA Chief Executive Eddie Yue stated that by mid-July 2025, 22 banks will be authorized to sell digital asset-related products, 13 banks will be authorized to sell tokenized securities, and an additional five banks will be authorized to provide digital asset custody services.
In the first half of 2025, the total transaction value of bank digital asset-related products and tokenized assets reached HKD 26.1 billion, an increase of 233% compared to the same period last year, and has already surpassed the total transaction value for the entire last year.
Multiple asset management companies have also announced plans to launch tokenized products, coupled with the government's active promotion of tokenized bond issuance. It is believed that Hong Kong's growth momentum in the digital asset field will continue, bringing new impetus to the development of wealth management business in Hong Kong.