The Hong Kong government has released the Hong Kong Digital Asset Development Policy Manifesto 2.0, introducing the "LEAP" framework, which spans four key areas:
- Legal & Regulatory Optimization
- Diversification of Tokenized Products
- Application Scenarios & Cross-Sector Collaboration
- Talent & Partnership Development
OSL Group highlighted that the Manifesto 2.0 provides clear direction for Hong Kong’s digital asset market. Leveraging its compliance, technological, and service expertise, OSL pledges to align with the manifesto’s vision—delivering secure, efficient, and diversified digital asset solutions.
CEO Cui Song noted that the rebranding from "virtual assets" to "digital assets" reflects the industry’s maturity after three years of rigorous transformation. OSL will advance along the "LEAP" framework, enhancing products and services to uphold Hong Kong’s status as a global financial hub.
Key Industry Perspectives
HashKey Tokenisation CEO Liu Jia emphasized the manifesto’s support for tokenizing:
- Government bonds
- Money market funds (MMF)
- Real-world assets (RWA)
- Precious metals
These initiatives align with HashKey’s business strategy, particularly in digitizing government bonds and enabling secondary market trading for tokenized MMFs, unlocking liquidity tools for investors.
Liu added that Hong Kong’s unified regulatory framework and tax incentives are accelerating its position as a global digital asset center. The company continues to explore tokenization opportunities with institutional partners.
FAQ
Q: What is the "LEAP" framework?
A: It’s a four-pillar strategy covering legal optimization, product diversification, application development, and talent growth to advance Hong Kong’s digital asset ecosystem.
Q: How does tokenization benefit traditional finance?
A: Tokenization enhances liquidity, transparency, and accessibility—exemplified by digital bonds and tradable tokenized funds.
Q: What role does OSL play in this ecosystem?
A: As a compliant platform, OSL bridges innovation and regulation, offering institutional-grade digital asset services.