The Hong Kong Monetary Authority (HKMA) announced plans to expand its tokenization ecosystem as part of a new five-year strategy to accelerate financial technology development. Speaking during Hong Kong Fintech Week, the HKMA unveiled its Fintech 2030 roadmap, which focuses on four strategic pillars collectively referred to as “DART” — data, artificial intelligence, resilience, and tokenization — spanning 40 distinct initiatives.

The central bank said, “The HKMA will accelerate the tokenisation of real-world assets (RWAs), including financial assets, and lead by example by regularising the issuance of tokenised government bonds and exploring the concept of tokenising the Exchange Fund papers.”

e-HKD stablecoin and new tokenization projects

As part of its broader initiative, the HKMA plans to roll out its own stablecoin, the e-HKD, following the completion of a successful pilot program. The test phase demonstrated various use cases, including settlement of tokenized assets, offline transactions, and programmable payments.

According to the HKMA, “Their settlements on blockchains will be enabled by new forms of digital money, including the e-HKD, tokenised deposits, and regulated stablecoins.” The regulator also confirmed that it intends to collaborate with private industry players and other central banks under a new initiative called Project Ensemble, which will soon enter the pilot phase.

Integrating artificial intelligence in finance

Beyond tokenization, the HKMA’s strategy places strong emphasis on the adoption of artificial intelligence across the financial sector. “By leveraging A.I., the HKMA aims to boost accessibility, responsiveness, and customisation in banking services while maintaining transparency and accountability to ensure public trust,” the announcement said.

The Fintech 2030 plan positions Hong Kong as one of Asia’s leading financial innovation hubs, underscoring its ambition to combine blockchain and AI technologies within a secure, transparent regulatory framework.

Sources:

https://cointelegraph.com/news/hkma-unveils-fintech-2030-strategy-plans-to-accerlate-rwa-tokenization

https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/10/20251028-4/

https://www.hkma.gov.hk/eng/news-and-media/press-releases/2025/11/20251103-3/