Hong Kong Investment Promotion Agency: In 10 years, the popularity of tokenized funds will be on par with ETFs.

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Odaily News The Global President of Financial Services and Technology, and Sustainable Development of the Hong Kong Investment Promotion Agency, Liang Hanjing, stated that recently some banks have received tokenized deposits from brokerages and successfully subscribed to tokenized money market funds issued by fund companies. The emergence of tokenized funds signifies the evolution of the asset management industry from “2.0” to “3.0”, and it is believed that in 10 years, the prevalence of tokenized funds will be comparable to today's ETFs. (Hong Kong Commercial Daily)

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