Tokenized Funds Signal Shift Towards Modern Asset Management

Hong Kong’s financial industry is experiencing a significant shift with banks now accepting tokenized deposits from brokers and successfully investing in tokenized money market funds, according to InvestHK Global Head of Financial Services and Technology, King Leung. This innovation marks the transition of asset management into its ‘3.0’ phase, moving away from traditional models. Leung predicts that in ten years, the usage of tokenized funds will be comparable to that of Exchange Traded Funds (ETFs) today, reflecting a broader industry adoption.