🚨 A massive teacher for the first time in the world of cryptocurrencies in Hong Kong! 🚨
Hong Kong has just completed its very first investment case using a regulated Hong Kong Dollar (HKD) stablecoin at all! 🇭🇰🔥 #hkcompletesfirsthkdstablecoinusecase
Here’s what happened:
🤝 Big names: OSL Group, China AMC (HK), and Standard Chartered all joined forces
💰 The move: using HKDAP (a regulated HKD stablecoin) to directly subscribe and redeem units of digital asset funds
🏦 The bridge: Standard Chartered acted as a custodian to connect traditional finance (TradFi) with digital assets
What does that mean?
This shows that regulated stablecoins are already being used in real life to make institutional investments in digital assets. Tokenized funds are the future, and Hong Kong is pushing hard to become a global leader in Web3! 🌍🚀
Are you optimistic about the digital asset economy in Hong Kong? Tell us in the comments below! 👇💬
Please follow up
#Crypto #Stablecoins #HK
$BTC
Hong Kong has just completed its very first investment case using a regulated Hong Kong Dollar (HKD) stablecoin at all! 🇭🇰🔥 #hkcompletesfirsthkdstablecoinusecase
Here’s what happened:
🤝 Big names: OSL Group, China AMC (HK), and Standard Chartered all joined forces
💰 The move: using HKDAP (a regulated HKD stablecoin) to directly subscribe and redeem units of digital asset funds
🏦 The bridge: Standard Chartered acted as a custodian to connect traditional finance (TradFi) with digital assets
What does that mean?
This shows that regulated stablecoins are already being used in real life to make institutional investments in digital assets. Tokenized funds are the future, and Hong Kong is pushing hard to become a global leader in Web3! 🌍🚀
Are you optimistic about the digital asset economy in Hong Kong? Tell us in the comments below! 👇💬
Please follow up
#Crypto #Stablecoins #HK
$BTC