The Hong Kong Securities and Futures Commission announced the launch of a new regulatory framework, allowing tokenized investment products approved by the SFC (mainly open-ended funds) to be traded on licensed virtual asset trading platforms in the secondary market, and to explore over-the-counter trading arrangements. The new measures reference the operational mechanisms of ETFs and virtual asset platforms, covering requirements for pricing, liquidity, and information disclosure. As of March 2026, Hong Kong has issued 13 tokenized products to the public, managing assets worth approximately HKD 10.7 billion.