The Hong Kong Monetary Authority and the Securities and Futures Commission jointly organized a seminar on November 11, focusing on the Ensemble project and tokenized investment products approved by the Securities Regulatory Commission. The seminar attracted about 200 industry participants. A number of banks and industry pioneers shared their recent practical experiences in the field of tokenization, and promoted further cooperation among all parties to jointly promote the development of Hong Kong's tokenization ecosystem. The seminar followed the HKMA's announcement during Hong Kong Fintech Week 2026 regarding EnsembletX entering a new phase of achieving 24/7 settlement of interbank tokenized deposits. This development provides an opportunity for industry participants to jointly explore new opportunities under the Ensemble project. At the same time, the Securities Regulatory Commission approved tokenized money market funds to conduct 24/7 secondary market transactions, further supporting the market to combine tokenized deposits and investment products to achieve real-time investment and optimize returns. Looking ahead, the Ensemble project will support the sustainable development of the tokenized market by introducing more influential tokenization use cases, expanding the scale of transactions, and creating practical benefits. The HKMA will continue to work closely with the Securities Regulatory Commission and the industry to expand the commercial application of tokenized deposits to support the settlement of various tokenized investment products.

The Hong Kong Monetary Authority and the Securities and Futures Commission jointly organized a seminar on November 11, focusing on the Ensemble project and tokenized investment products approved by the Securities Regulatory Commission. The seminar attracted about 200 industry participants. A number of banks and industry pioneers shared their recent practical experiences in the field of tokenization, and promoted further cooperation among all parties to jointly promote the development of Hong Kong's tokenization ecosystem. The seminar followed the HKMA's announcement during Hong Kong Fintech Week 2026 regarding EnsembletX entering a new phase of achieving 24/7 settlement of interbank tokenized deposits. This development provides an opportunity for industry participants to jointly explore new opportunities under the Ensemble project. At the same time, the Securities Regulatory Commission approved tokenized money market funds to conduct 24/7 secondary market transactions, further supporting the market to combine tokenized deposits and investment products to achieve real-time investment and optimize returns. Looking ahead, the Ensemble project will support the sustainable development of the tokenized market by introducing more influential tokenization use cases, expanding the scale of transactions, and creating practical benefits. The HKMA will continue to work closely with the Securities Regulatory Commission and the industry to expand the commercial application of tokenized deposits to support the settlement of various tokenized investment products.