HSBC CEO plans to grow tokenised asset range

HSBC, a top commercial bank in Hong Kong, is expanding its focus on tokenisation, with its CEO, Noel Quinn, expressing strong confidence in the process.

Tokenisation involves converting rights to an asset into a digital format, and HSBC is exploring ways to tokenise real assets.

This digital transformation aligns with the bank's strategy to embrace innovative financial technologies and provide sophisticated investment opportunities to its clients.

As HSBC continues to delve deeper into the realm of digital assets, it underscores the financial industry's growing acceptance and integration of blockchain technologies for enhancing asset liquidity and investor engagement.

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