eBooks

23 July, 2026

Tokenised vs. conventional funds: A Hong Kong field guide

Boat in Open Sea

Hong Kong's latest regulatory approach is reshaping tokenised funds.

These developments provide greater clarity for asset managers introducing tokenised share classes or overseeing funds with virtual asset exposure.

Rather than replacing the existing regulatory framework, the latest measures build on the current rules and should be viewed as an enhancement rather than a complete change.

Our guide examines the practical impact of Hong Kong’s updated regulatory framework and what the latest reforms mean for the asset management industry.

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