In a significant move towards bolstering its position as a global virtual asset hub, Hong Kong’s Securities and Futures Commission (SFC) has announced guidelines allowing the tokenization of securities and regulated funds. The circular, issued on Thursday, provides a framework for regulated intermediaries, including fund managers, to issue tokenized securities, described as “blockchain-based tokens that […]
VDX, the rapidly emerging digital asset platform, has announced a strategic alliance with MaiCapital, a Hong Kong Securities & Futures Commission (SFC)-licensed blockchain and virtual asset manager. This collaboration aims to bolster VDX’s upcoming Security Token Offering (STO) projects, enhancing its standing as a compliant digital asset exchange capable of executing intricate transactions in the […]
Tykhe Capital Group Limited has announced the launch of PRINCE Token, marking it as the initial real estate fund security token offering (STO) in Hong Kong available to Professional Investors. This is the first STO permitted under the regulations of the Securities and Futures Commission (SFC) of Hong Kong, and the STO is backed by Tykhe’s virtual […]
