🎙️ Anna Liu, CEO of HashKey RWA, joined The Law Society of Hong Kong’s Annual Conference of In-House Lawyers for a discussion on the legal frontiers of tokenisation, stablecoins and digital asset regulation. Anna shared how tokenisation is reshaping legal concepts of ownership, settlement and financial intermediation. As assets move on-chain, investors can access new models of direct ownership, while atomic settlement and programmable compliance can reduce many of the frictions built into today’s financial infrastructure. But greater efficiency does not remove the need for intermediaries. As Anna noted, their role may shift from operator to guarantor, providing the judgement, accountability and legal enforceability that technology alone cannot replace.