ChainCatcher news, Chen Yaowen, Chief Digital Officer and Financial Technology Innovation Director of the A-share listed company Sifang Jingchuang, stated in an interview that Hong Kong can play a pivotal role in tokenization and the subsequent secondary market in the future, by building a solid financial infrastructure. Sifang Jingchuang can develop more non-local token issuance under the compliance regulations of Hong Kong.Chen Yaowen added that currently, Sifang Jingchuang has developed solutions in the field of virtual asset applications that are integrated with banking applications and connected to banking systems such as East Asia Bank, which can facilitate tokenization operations. This will enable the banking industry to accelerate the adoption of related technologies for handling the issuance, custody, and payment of security token offerings (STO).

ChainCatcher news, Hashkey Group's Chief Operating Officer Livio Weng stated in an interview with DeThings that Hashkey will not only launch in Hong Kong, but also that other countries or regions, except for the U.S. and restricted areas, can conduct compliant business.He also mentioned that he expects 5-8 companies to ultimately succeed in obtaining the compliant trading license in Hong Kong, and that an estimated 80% of those currently applying for the license will withdraw. Currently, Hashkey is collaborating with Chainalysis to ensure the security and compliance of the crypto assets themselves; it may be the first to launch a spot ETF, including providing infrastructure for funds applying for ETFs in Hong Kong.

ChainCatcher news, Canadian Web3 investment firm BitValue Capital announced a $10 million investment in IOST, becoming its strategic partner.It is reported that this investment will be used to support the IOST mainnet upgrade and the ongoing construction of its ecosystem. BitValue Capital also stated that it will help IOST advance its diversified international compliance expansion centered in Hong Kong, conduct global marketing activities and ecosystem development, and will introduce professional quantitative trading institutions from North America to support the IOST ecosystem. (Source link)