Chief Executive of the Hong Kong Monetary Authority: Hong Kong's growth momentum in the digital asset sector will continue

On August 4, Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, announced that as of mid-July 2025, 22 banks had been approved to sell digital asset-related products, 13 banks had been approved to sell tokenized securities, and five banks had been approved to provide digital asset custody services.

In the first half of 2025, the total transaction volume of bank digital asset-related products and tokenized assets reached HK$26.1 billion, a 233% increase from the same period last year and already exceeding the total transaction volume for the entire year.

With several asset management companies also announcing plans to launch tokenized products, and the government actively promoting the issuance of tokenized bonds, it is expected that Hong Kong's growth momentum in the digital asset sector will continue, providing new impetus for the development of Hong Kong's wealth management business.