HKMA stellt Hongkongs tokenisierte Abwicklung mit EnsembleTX auf 24/7-Betrieb um

Crypto News and Tradfi News - COINOTAG · 2026-11-02T11:33:34.000Z

• Die HKMA weitete die tokenisierte Abwicklung über EnsembleTX am 2. November 2026 auf einen 24/7-Betrieb aus. • Anerkannte Händler schlossen Tests am Sekundärmarkt für tokenisierte Exchange Fund Bills ab, wie die HKMA bestätigte. • Der Stablecoin RedCoin von HSBC erreichte rund zehn Tage nach seiner Einführung am 23. Oktober 50.000 Nutzer. EnsembleTX wickelt rund um die Uhr ab Hongkong hat seine tokenisierte Abwicklungsinfrastruktur auf einen Rund-um-die-Uhr-Betrieb umgestellt und damit die Beschränkung auf die Banköffnungszeiten aufgehoben, die den Pilotbetrieb seit Beginn der Abwicklung echter Geldwerte begrenzt hatte. Die Hong Kong Monetary Authority (HKMA) erklärte in ihrer offiziellen Mitteilung vom 2. November während der Hong Kong FinTech Week, dass Banken und ihre Kunden über EnsembleTX nun jederzeit Transaktionen mit echtem Gegenwert abwickeln können. Tokenisiertes Zentralbankgeld dient dabei als Abwicklungsebene. Eddie Yue, Chief Executive der HKMA, sagte dem Publikum der FinTech Week, dass dieses tokenisierte Zentralbankgeld als „Fundamentebene“ für eine kontinuierliche Abwicklung diene. Tokenisierte Anleihen, Geldmarktfonds und Bankeinlagen seien bereits im Einsatz. Banken können die modernisierte Infrastruktur nutzen, um Gelder über Ländergrenzen hinweg zu transferieren, tokenisierte Portfolios zu verwalten und Treasury-Operationen durchzuführen, während die herkömmlichen Märkte geschlossen sind.

• HKMA extended EnsembleTX tokenized settlement to 24/7 operation on November 2, 2026.
• Recognized dealers completed secondary-market trials of tokenized Exchange Fund Bills, the HKMA confirmed.
• HSBC's RedCoin stablecoin reached 50,000 users about ten days after its October 23 launch.
EnsembleTX Settles Around the Clock
Hong Kong has switched its tokenized settlement infrastructure to around-the-clock operation, ending the banking-hours limit that had constrained the pilot since it began handling real money. The Hong Kong Monetary Authority (HKMA) said in its official announcement, issued on November 2 during Hong Kong FinTech Week, that banks and their clients can now settle real-value transactions through EnsembleTX at any time, with tokenized central bank money serving as the settlement layer. HKMA Chief Executive Eddie Yue told the FinTech Week audience that this tokenized central bank money acts as a “foundation layer” for continuous settlement, noting that tokenized bonds, money market funds and bank deposits are already in use. Banks can use the upgraded rails to move funds across jurisdictions, manage tokenized portfolios and run treasury operations while conventional markets are closed.
The regulator also confirmed that recognized dealers completed secondary-market trial trades in tokenized Exchange Fund Bills, the short-term debt the authority itself issues. The tests examined how the tokenized paper changes hands after issuance and how repurchase trades could settle more efficiently, with blockchain records capturing ownership transfers while the settlement layer moves the money. Officials plan to extend the trials to regulated stablecoins, though no start date has been announced.
Project Ensemble started in March 2024 as a study of how tokenized assets and different forms of digital money could operate inside the financial system. A sandbox opened in August 2024, letting banks connect tokenized deposit platforms and rehearse transactions. The pilot phase, EnsembleTX, went live in November 2025, and at that stage payments still cleared through Hong Kong's existing dollar settlement system, which tied operations to normal banking hours. The authority also used FinTech Week to launch Project SAGE on AI governance, publish a post-quantum cryptography toolkit with the Hong Kong University of Science and Technology, and open the tConnect Launchpad with Cyberport for tokenization developers. Hong Kong's Faster Payment System is separately scheduled to connect with UnionPay International by the end of 2026, opening QR-code payments across a merchant network covering the city, mainland China and more than 40 overseas markets.
HSBC RedCoin Draws 50,000 Users
Consumer adoption of the city's first licensed retail stablecoin is building quickly. HSBC group CEO Georges Elhedery said at Hong Kong FinTech Week that RedCoin, the bank's Hong Kong dollar stablecoin, has attracted 50,000 users in roughly ten days since its launch on October 23. The token went live through PayMe, HSBC's payments application, which counts more than 3.3 million users in Hong Kong and can activate stablecoin wallets for the token. RedCoin supports transfers between eligible users and payments at participating merchants, and Elhedery described the early figure as a step toward a target of multi-million users as access widens.
HSBC's roadmap for the token goes beyond payments. The bank plans to bring RedCoin into its mobile banking app and to let customers subscribe to tokenized investments, including a Hong Kong dollar money market fund share class. On the wholesale side, it already offers tokenized deposits to clients in Hong Kong and about half a dozen other jurisdictions, moving funds on the same continuous basis EnsembleTX now provides. What the 50,000-user figure does not show is usage depth: the bank has not disclosed payment volumes, the value transferred or how many holders transact repeatedly.
The rollout rests on a licensing regime Hong Kong introduced in August 2025, which requires issuers to meet standards for reserve backing, redemption and risk management. HSBC and Anchorpoint Financial, a venture backed by Animoca Brands and Standard Chartered, received the city's first two issuer licenses in April 2026. Anchorpoint has so far limited its distribution to selected institutional participants, which leaves HSBC alone in the retail market through PayMe for now.
The two announcements describe opposite ends of the same settlement stack. The HKMA's 24/7 layer clears the wholesale leg among banks, while RedCoin puts a regulated retail token in consumers' wallets, and both now operate outside banking hours. The link between them is the trial the regulator has scheduled but not dated: stablecoins settling tokenized government debt would connect the retail rail directly to the Exchange Fund Bill market the dealers have just tested. The start date for that test, and HSBC's next disclosure on how much RedCoin users actually transact, are the two data points to watch.