NVT is honoured to host Ms. Gao and her delegation from Shanghai’s Xuhui District at our Hong Kong office. The visit aimed to explore the latest trends and developments in compliant RWA tokenization, with a focus on Hong Kong’s evolving landscape and innovative use cases

On December 16, 2024, NVTHK Limited (“NVT”), a leading RWA infrastructure provider, supported Cinda International Asset Management Limited (“CIAM”), acting as the arranger and manager, to successfully launch its first transferable tokenised repackaging notes (or Short-Term Asset-Backed Liquidity Note Token (“STBL”)) on the Ethereum blockchain. This marks a significant milestone as the first transferable tokenised repackaging notes arranged by a Hong Kong-based financial institution. “This groundbreaking financial product underscores Hong Kong’s role as a global hub for financial innovation” , said Jailin Liu, Managing Director of CIAM, in Cinda’s press release on December 24, 2024. STBL targets professional investors (as defined in the Securities and Futures Ordinance (cap. 571, Laws of Hong Kong)) and its underlying assets are a portfolio of AAA-rated money market funds (“MMFs”). NVT, as the on-chain operator, delivers seamless blockchain-based solutions for the issuance and operation of STBL. The initial distributors of STBL include GF Securities (Hong Kong) Brokerage Limited and Hash Blockchain Limited (“HashKey Exchange”).

NVT and RD Technologies held a forum discussing HK's opportunities and challenges on regulated RWA and stablecoin. Speakers from GF Securities, Hashkey Exchange, Linklaters, QReg Advisory, Mulana IM made wonderful sharing.