The Hong Kong Securities and Futures Commission announced the launch of a new regulatory framework that allows tokenized Securities and Futures Commission–approved investment products (mainly open-ended funds) to be traded in the secondary market on licensed virtual asset trading platforms, and to explore over-the-counter trading arrangements. The new measures reference the operating mechanisms of ETFs and virtual asset platforms and include requirements such as pricing, liquidity, and information disclosure. As of March 2026, Hong Kong has 13 tokenized products issued to the public, with assets under management of approximately HKD 10.7 billion.