CoinVoice has learned that the Hong Kong Digital Asset Listed Companies Association (HKVALA) held its founding conference today in West Kowloon, attended by Hong Kong government officials and legislative council members who delivered speeches. Kong Jianping, founder of Nano Labs, has been appointed as the honorary president of the association.
The establishment of the association aims to respond to Hong Kong's recent release of the (Hong Kong Digital Asset Development Policy Declaration 2.0) and the effective (Stablecoin Regulation), dedicated to establishing Hong Kong as a global hub for the tokenization of real-world assets (RWA). The association brings together representative listed companies in the digital asset sector, licensed financial institutions, blockchain technology solution providers, and RWA project parties, with the goal of creating a hub for regulatory innovation in stablecoins and a strategic platform for institutional-level digital financial infrastructure.
It is reported that the founding members of the association include 49 institutions such as China New Economy Investment, United Development Holdings, Guofu Quantum, Yunfeng Financial, OK Blockchain, and Huaxing Capital Holdings. [Original link]