Latest Update
2026-11-07 04:36 UTC

HKMA: Tokenised Deposits Settle 24/7 via Project Ensemble

HKMA: Tokenised Deposits Settle 24/7 via Project Ensemble

Hong Kong Fintech Week 2026 updates show HKMA’s Project Ensemble enabling 24/7 settlement of tokenised deposits, HSBC retail HKD stablecoin hitting 50k users in week one, and the first 24/7 market for tokenised money market funds with $1.3B AUM.

Source

Analysis

HKMA’s Project Ensemble now supports 24/7 real-value settlement of tokenised deposits at Hong Kong Fintech Week 2026, with trials expanding to regulated stablecoins. HSBC’s retail HKD stablecoin reached 50k users in its first week while Standard Chartered already operates its own. The world’s first 24/7 secondary market for tokenised money market funds is live on licensed platforms, covering 17 retail products and roughly $1.3B AUM. Tokenised green bonds have scaled to HK$20B issuance settled with tokenised deposits, and a full Digital Assets dealing, advisory, custody and management bill heads to LegCo before year-end.

Charles d'Haussy | dYdX

@charlesdhaussy

CEO @dYdXfoundation - Crypto Derivatives, DeFi & Governance / ex. ConsenSys & .gov.hk