According to ChainCatcher, HashKey Group has joined the Hong Kong Monetary Authority's Ensemble project architecture working group. HashKey Group will integrate its practical experience in virtual asset custody, trading, digital payments, STO technology solutions, RWA asset tokenization, etc., to provide comprehensive Web3 new financial infrastructure support for the tokenization of financial assets including bank deposits and green bonds.
Dr. Feng Xiao, Chairman and CEO of HashKey Group, said: "In the new Web3 economy, CBDC based on distributed ledger technology is essentially a digital form of cash, which can help traditional financial markets to interconnect with Web3 markets. The HKMA's wCBDC project Ensemble is the first to focus on real-world use cases of tokenized deposits and tokenized asset transactions, and conducts in-depth research on the value brought by digital asset programmability and instant settlement. In the future, a set of feasible standards and rules will be explored for the application of various digital assets in a wide range of scenarios such as mainstream financing, payment, and settlement, which will help Hong Kong build a more efficient and more liquid economic system."
