Deep Tide TechFlow News. On April 20, the Hong Kong Securities and Futures Commission announced a new regulatory framework, which allows tokenized SFC-approved investment products to be traded in the secondary market in order to promote the development of Hong Kong’s digital asset trading activities. The new guidelines mainly facilitate secondary market trading of tokenized open-ended funds on licensed virtual asset trading platforms, and will consider whether to allow over-the-counter trading arrangements on a case-by-case basis.

As of March 2026, Hong Kong has 13 tokenized products offered to the public, and the total value of assets under management for tokenized category shares has increased to approximately HKD 10.7 billion. The first batch of products is expected to be mainly tokenized money market funds. The new measures cover fair pricing, orderly trading, liquidity provision, and information disclosure.