The asset management industry in Hong Kong is witnessing strong breakthroughs thanks to banks expanding activities related to digital assets.
After specific management guidelines were issued, many banks and asset management companies in Hong Kong rapidly increased investments in digital asset products and tokenization, contributing to a more vibrant asset management market.
MAIN CONTENT
22 Hong Kong banks have been licensed to sell digital asset products by mid-2025.
Digital asset and tokenized trading in the first half of 2025 increased by 233% compared to the same period.
The government promotes the issuance of tokenized bonds, expanding the growth momentum of the asset management industry.
How has Hong Kong's banking sector developed in the field of digital assets?
According to Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, the rapid development of banks in the digital asset sector is evidence of the great potential of this market. He emphasized that many banks have been licensed to expand businesses related to digital asset products and token custody services.
By mid-July 2025, 22 banks are permitted to sell digital asset products, 13 banks sell tokenized products, and 5 banks provide digital asset custody services, indicating a positive reception from major credit institutions.
This move not only diversifies banking services but also contributes to increasing access to the digital asset market for both individual and institutional clients.
What will the growth of digital asset trading in Hong Kong reach in 2025?
Data from the first half of 2025 shows that the total trading value of digital asset and tokenized products reached 26.1 billion HKD, an increase of 233% compared to the same period last year. Trading exceeded the total value for the entire year of 2024, demonstrating strong momentum and sustainable potential in this sector.
This increase is supported by the growing acceptance of the market and the improvement of the legal framework, helping investors and banks confidently expand products and services.
“We see that the Hong Kong financial community has quickly adapted and embraced digital asset tools in asset management, and this is an important step for long-term development.”
Eddie Yue, Chief Executive of the Hong Kong Monetary Authority, 4/8/2025
What actions has the Hong Kong government taken to promote the digital asset market?
The Hong Kong government actively promotes the issuance of tokenized bonds, creating a solid legal basis and opening up many development opportunities for the digital asset and tokenization markets. This is also part of the strategy to develop a smart and modern financial ecosystem.
At the same time, asset management companies are also planning to launch new tokenized products, contributing to diversifying portfolios and increasing attractiveness to investors. These initiatives are expected to maintain growth momentum and play a supporting role in the development of the entire asset management industry in Hong Kong.
What development trends are forecasted for the digital asset sector in Hong Kong?
With the rapid increase in the supply of digital asset products and services, along with an improved legal framework, Hong Kong is viewed as a leading digital asset management hub in Asia in the coming years.
The trend of integrating blockchain technology into asset management, enhancing tokenization, and expanding digital custody services is predicted to continue generating many new breakthroughs, promoting sustainable and safe development for investors.
Frequently Asked Questions
1. How many banks in Hong Kong are allowed to operate in digital assets by mid-2025?
By mid-2025, 22 banks have been approved to sell digital asset products, 13 banks sell tokenized products, and 5 banks provide digital custody services.
2. How much will the growth of digital asset trading in Hong Kong be in the first 6 months of 2025?
Trading reached 26.1 billion HKD, an increase of 233% compared to the same period last year, exceeding the total trading for the entire year of 2024.
3. What has the Hong Kong government done to promote the development of digital assets?
The government actively promotes the issuance of tokenized bonds and completes the legal framework for digital asset services.
4. What are the main development trends of digital assets in Hong Kong?
Enhanced tokenization, expanded digital custody services, and the application of blockchain in asset management are expected to continue leading the market.
5. What does the rapid development of digital assets mean for the asset management industry in Hong Kong?
It promotes product diversification, enhances competitiveness, and expands investment opportunities for both banks and clients.
Source: https://tintucbitcoin.com/hong-kong-duy-tri-tang-truong-tai-san-so/
Thank you for reading this article!
Please Like, Comment, and Follow TinTucBitcoin to stay updated on the latest news about the cryptocurrency market and not miss any important information!