Hong Kong Monetary Authority Launches Fintech 2030 Strategy with Tokenization

The Hong Kong Monetary Authority (HKMA) has announced "Fintech 2030," a five-year strategy with tokenization as a key component to advance the city's financial sector. Unveiled on Nov. 3, 2025, at Hong Kong FinTech Week, this plan includes over 40 initiatives across four areas: data infrastructure, artificial intelligence, resilience, and the tokenization of finance.

Tokenization aims to build a robust digital asset ecosystem by accelerating real-world asset tokenization, including financial assets.
Plans include regularizing tokenized government bond issuance and exploring tokenizing Exchange Fund papers.
Collaboration with industry stakeholders and other central banks is planned to incubate innovative tokenization use cases focused on practical implementation.

Project Ensemble for Digital Money Settlements

HKMA will launch Project Ensemble to enable real-value transactions with new digital money forms, including e-HKD, tokenised deposits, and regulated stablecoins.
Discussions are ongoing with Brazil and Thailand for using blockchain and tokenization in cross-border trade finance to reduce transaction costs and speed up settlements.
This aligns with regional initiatives like the $1B Ethereum trust fund supporting blockchain infrastructure.

The broader strategy also focuses on AI adoption and cybersecurity resilience, including quantum-safe frameworks, complementing tokenization amid crypto market volatility and geopolitical tensions affecting markets.