The financial technology sector in Hong Kong is undergoing a significant transformation. According to the latest data from the Hong Kong Monetary Authority, as of mid-July 2025, the Hong Kong financial market has made remarkable progress in the field of digital assets.

Currently, a total of 22 banks have obtained licenses to sell digital asset-related products, 13 banks are allowed to sell tokenized securities, and another 5 banks have been authorized to provide digital asset custody services. These figures fully reflect the active participation of Hong Kong financial institutions in the digital asset sector.

What is even more striking is that in the first half of 2025, the total trading volume of bank digital asset-related products and tokenized assets reached HKD 26.1 billion. This figure represents a 233% increase compared to the same period last year, even surpassing the total trading volume for the entire year last year. This astonishing growth rate highlights the immense potential of the digital asset market and the strong interest from investors.

In addition to the banking industry, several asset management companies have announced plans to launch tokenized products, further enriching the ecosystem of Hong Kong's digital asset market. Meanwhile, the Hong Kong government is also actively promoting the issuance of tokenized bonds to inject new vitality into the market.

These development trends indicate that Hong Kong's growth momentum in the digital asset sector will continue. As the market continues to mature and expand, digital assets are expected to become a new engine driving the development of wealth management business in Hong Kong, bringing new opportunities and challenges to this international financial center.

The transformation of Hong Kong's financial market not only reflects the global trend in financial technology development but also highlights Hong Kong's position as an innovative financial center. With the continuous development of the digital asset market, we can expect to see more innovative products and services emerge, further promoting the modernization and diversification of Hong Kong's financial industry.