According to TechFlow, Standard Chartered Hong Kong, BlackRock and Mastercard announced that they will participate in the second phase of the "Digital Hong Kong Dollar" pilot program launched by the Hong Kong Monetary Authority. The tripartite alliance will explore tokenized investment application cases in an end-to-end manner, allowing investors to directly use digital Hong Kong dollars or tokenized deposits to purchase tokenized assets and complete transaction settlements. Libeara, cultivated by SC Ventures under Standard Chartered Group, will work with Standard Chartered Hong Kong and BlackRock to provide a platform to jointly promote the potential issuance of tokenized assets through Mastercard's "multi-token network".