Hong Kong’s Largest Licensed Crypto Exchange Now Offers End-to-End RWA Tokenization

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The post Hong Kong’s Largest Licensed Crypto Exchange Now Offers End-to-End RWA Tokenization appeared first on Coinpedia Fintech News

HashKey Group (3887.HK), Asia’s first publicly listed crypto exchange, has launched a one-stop Real-World Asset (RWA) tokenization platform just two months after its $215M IPO on the Hong Kong Stock Exchange. The solution, led by HashKey Tokenisation, covers the full lifecycle of converting illiquid assets into globally tradable digital tokens.

The move is a direct response to Hong Kong’s Digital Asset Development Policy Declaration 2.0, which introduced the “LEAP” framework and stamp duty exemptions for tokenized ETFs when it launched in June 2025.

What HashKey’s RWA Platform Does and Who It Serves

The platform integrates institutional-grade blockchain infrastructure through HashKey’s Crypto-as-a-Service (CaaS) engine. Nexatoken handles full token lifecycle management using the ERC-3643 standard, enabling cross-chain interoperability with HashKey Chain and other mainstream chains.

On the trading side, HashKey Exchange, Hong Kong’s largest licensed virtual asset trading platform, offers primary market subscriptions and secondary trading via Central Limit Order Books or OTC, with instant Delivery versus Payment (DVP) settlement.

The solution targets two groups: asset issuers looking to tokenize previously illiquid holdings, and professional intermediaries like law firms, auditors, and brokers seeking blockchain-powered service infrastructure.

Why Hong Kong Is Positioning as the Global RWA Hub

Dr. Xiao Feng, Chairman and CEO of HashKey Group, said:

“RWA is the essential bridge to the future of finance. Our one-stop solution leverages Hong Kong’s unique institutional strengths to build a high-efficiency channel for asset tokenization.”

HashKey holds licenses across Hong Kong, Singapore, Japan, Bermuda, and Dubai. Its December IPO drew cornerstone investors including Fidelity, UBS, and CDH Investments, with retail demand 394x oversubscribed.

How HashKey Stacks Up in the $36B RWA Market

The tokenized RWA market exceeded $36B (excluding stablecoins) by late 2025. BlackRock’s BUIDL fund leads the space at $2.85B and recently listed on Uniswap for DeFi trading. HashKey is now positioning as Asia’s regulated alternative to the Securitize/BlackRock infrastructure stack that dominates the West.

Hong Kong has already raised $1.28B through digital green bonds and plans to formalize RWA token issuance under its new regulatory framework.

HashKey Tokenisation will soon release a detailed RWA Issuance Service Manual to support onboarding.