📷 Panel Recap | At @Conflux_Network Digital Finance & Ecosystem Conference, Andy Lee @apwlxyz, Partner at HashKey RWA, joined the discussion on Hong Kong’s evolving digital asset ecosystem and the infrastructure needed for institutional adoption. The panel explored compliant tokenisation, ecosystem collaboration, and the role of regulated on-chain finance in the next phase of capital markets.

What does the institutional adoption path for tokenisation actually look like? At @money2020 Asia, Anna Liu, CEO of HashKey RWA, shared her framework on tokenisation models, asset sequencing, infrastructure design, and programmability. Watch the clip 👇

As pioneers in tokenization, we have learnt a lot of hard lessons. On stage at @money2020 Asia in Bangkok, HashKey RWA CEO Anna Liu shared the 4 lessons we learnt on institutional tokenisation. The short answer: tokenisation is not just about putting assets on-chain. It’s about compliance, growth and smart contract programmability.

To all kinds of moms 💙 The cool moms, the strong moms, the gentle moms, the busy moms, the effortlessly stylish moms, and all the amazing moms in their own unique way. Happy Mother’s Day.

Strong move on tokenised finance: Japan has launched a large-scale tokenised JGB (Japanese Government Bond) working group, targeting 24/7 on-chain repo transactions by 2026. The convergence of repo, collateral, and blockchain-based settlement infrastructure is accelerating. 👀

❓ What do people care most about when they hear “tokenisation”? The answer is simple: a seamless experience. Real-world tokenisation is not just about putting assets on-chain. It requires compliant issuance, institutional-grade infrastructure, liquidity, custody, distribution, and long-term asset management, all working together within one integrated platform. 🔑 HashKey RWA combines: 🔹 Compliance: A licensed ecosystem across trading, custody, tokenisation, and distribution. 🔹 Infrastructure: HashKey Chain @HSKChain, an institution-focused compliant blockchain with native KYC/AML logic, ERC-3643 standards, flexible ledger models, real-time on/off-chain synchronisation, and integrated custody support. 🔹 Ecosystem: One of Hong Kong’s largest compliant digital asset distribution networks through @HashKeyExchange, alongside broader liquidity partnerships and institutional capital support through @HashKey_Capital. This “product - technology - distribution” model is the real moat of HashKey RWA. Read the full article 👇

The continued evolution of financial infrastructure is paving the way for greater tech adoption, with the tokenization of Real World Assets (RWA) being a prime example of this movement. 🎙️ At the #Web3Festival2026#, Anna Liu, CEO of HashKey RWA, shared her insights on this trend. She emphasized that the industry's growth path is becoming clearer, driven by the expansion of financial infrastructure with blockchain technology and increasing regulatory clarity from jurisdictions worldwide. Anna also noted that HashKey has built an integrated, full-lifecycle solution for asset tokenization, leveraging our deep expertise in RWA. Our platform is designed to support the financial industry in advancing its adoption of blockchain technology and fostering product innovation. Read more about our vision for the future of finance 👉

📍 At HSC Asset Management Conference, our Associate Partner Cleo Cui @blockchenn spoke alongside leaders from @HSBC, Mulana Investment Management, Hivemind Capital and Evident Capital. On a panel titled "When Everything Becomes Liquid" , Cleo discussed the realities and future direction of asset tokenisation. The biggest takeaway - tokenisation is not "liquidity". She notes that tokenisation is a “twinning process”, creating an on-chain representation of an off-chain asset. If the underlying asset lacks depth, transparency, or liquidity, putting it on-chain does not change that. The asset is the foundation, while tokenisation and access are the tools and pipes. Real efficiency comes when the full lifecycle moves on-chain, enabling atomic settlement and true market transformation.

At Money20/20 Asia @money2020 in Bangkok, our CEO Anna Liu delivered a keynote with a clear message: tokenisation in Asia is moving into a more institutional phase. 1️⃣ Asia is moving from pilots towards broader adoption Across Hong Kong, Singapore, Japan, South Korea and Southeast Asia, clearer regulatory frameworks and more practical market infrastructure are beginning to take shape. 2️⃣ Institutional tokenisation starts with discipline It begins with standardised, regulated and in-demand products such as money market funds and ETFs. 3️⃣ Liquidity and compliance are part of the core design Success requires more than technology. It depends on the right assets, licensed distribution channels, settlement infrastructure, legal enforceability and regulatory alignment from the outset. Over time, the market is likely to be shaped by participants that think in ecosystems, not silos.

In an exclusive interview with FengShows, our CEO Anna Liu shared views on Hong Kong’s #stablecoin# licensing, the development path of #RWA# tokenisation, enterprise strategy, and Hong Kong’s structural opportunities in the global on-chain finance landscape. 💡 Key takeaways: - Hong Kong’s first stablecoin licences were granted to traditional banks and affiliated institutions as a prudent starting point, with systemic security and market confidence as key priorities. - RWA tokenisation is developing in 3 stages: currency tokenisation, financial asset tokenisation, and physical asset tokenisation. At present, financial assets offer the clearest and most practical path to adoption. - Enterprises should start from the asset, assess suitability and value, embed compliance early, and take a long-term approach. - Hong Kong’s RWA opportunity is structural, backed by licensed infrastructure, a common law system, and a deep financial ecosystem. H2 2026 could be a key growth window. Watch from 11’07”👇

As RWA moves from proof of concept to real execution and system building. Our CEO, Anna Liu, delivered a keynote at #Web3Festival# 2026, addressing the ultimate questions shaping the next phase of RWA. 💡 Key takeaways from her session: 1️⃣ Regulation is shifting from wait-and-see to rulemaking Regulatory frameworks globally are rapidly taking shape and evolving. Hong Kong’s pilot allowing secondary trading of tokenised SFC-authorised investment products on licensed platforms is a clear advancement. The question is no longer if regulation will arrive, but how to build within it. 2️⃣ Going on-chain is a means, not the end The real challenges lie in asset credibility, legal enforceability, and liquidity. Tokenisation must answer a fundamental question: what new value does going on-chain actually create? 3️⃣ RWA is not a product, it is a system It is a system where legal ownership, on-chain representation, and market infrastructure must work together. The next phase of the market will be defined by those who can make this system function end-to-end. HashKey has built a one-stop RWA solution covering the full lifecycle — from compliant structuring and on-chain issuance to distribution, liquidity, and ongoing disclosure. These capabilities have been validated in real market deployments, and will scale beyond Hong Kong to serve APAC and global institutions, forming a key infrastructure connecting markets. Read more

📍 Event Recap | RWA: The Evolution of Global Liquidity With Web3 Festival kicking off tomorrow, side events are already underway. Today, we co-hosted RWA: The Evolution of Global Liquidity alongside @pharos_network, @Farooxyz, @Bifrost & @LabsWeb368672. We explored key topics around RWA, its role in global markets, the intersection of TradFi and Web3, Hong Kong’s position as a hub, and on-chain liquidity via RWA staking. Check out the highlights 📷

Cool #Web3Festival# side event to check out this weekend: RWA — The Evolution of Global Liquidity 🎙️ Andy Lee @apwlxyz, Partner at HashKey Tokenisation, will share his views on how tokenisation is reshaping liquidity and the next phase of global markets. 📆 April 19 | 09:30 – 12:00 🔗

From skepticism to integration. 🎙️ At @ETHCapitalHQ Seoul, Andy Lee @apwlxyz, Partner at HashKey Tokenisation, shared his perspectives on institutional adoption of tokenisation. 💡 Key takeaways: • Decentralization ≠ lack of control, it enables verifiable, programmable systems; verifiable control > discretionary control. • Asian regulations are diverse and unique for each country. For institutions to build in the market, regulations needs to work towards a common recognized standard to support future growth. • Integrated, end-to-end platforms will be key to scaling institutional adoption. • The next phase is clear: it’s time to move from experimentation to real-world deployment.

🇭🇰 Hong Kong Web3 Festival 2026 @festival_web3 | HashKey Full Agenda From RWA to AI and on-chain finance, HashKey will be hosting and joining a full week of events shaping the next phase of digital asset markets. 📅 April 18–23 | HKCEC & across Hong Kong 👋 See you in Hong Kong.