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Project Ensemble: Hong Kong Embraces Asset Tokenisation With New Sandbox

The Fintech Times

On 28 August 2024, HKMA officially launched the Project Ensemble Sandbox, which will test a wide range of tokenisation use cases, including the settlement of tokenised real-world assets (such as green bonds, carbon credits, aircraft, electric vehicle charging stations, and treasury management).

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Hong Kong Monetary Authority Launches Wholesale CBDC Project to Develop Local Tokenisation Market

The Fintech Times

Through the new project, Hong Kong Monetary Authority will explore innovative financial market infrastructure (FMI) that will facilitate seamless interbank settlement of tokenised money through a wholesale CBDC. It could forge a new FMI that bridges the gap between tokenised real-world assets and money in transactions.

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OpenPayd and Circle to offer fiat–stablecoin payment network

The Paypers

According to OpenPayd officials, the addition of stablecoin capabilities is intended to support business use cases such as treasury management, global payouts, and digital asset services.