Standard Chartered-backed Anchorpoint Financial has partnered with the Solana Foundation to bring its regulated Hong Kong dollar stablecoin, HKDAP, to the Solana blockchain as it prepares to make the token available to retail users. According to an October 30 announcement,…

London Metal Exchange explores tokenizing Hong Kong metal inventories for financing as HKEX prepares a warehouse-receipt blockchain pilot for 2027.

Hong Kong Gold Exchange (HKGX) has announced plans to integrate Chainlink’s cross-chain technology for its gold-backed XGZ token, allowing the digital asset to move between different blockchain networks. In an October 27 announcement, Chainlink said GoldZip, the company behind XGZ,…

RedotPay considers a confidential US IPO filing by year-end as talks target a $4B–$5B valuation, while Binance litigation remains unresolved.

Hong Kong’s first two licensed issuers are no longer waiting to launch. HSBC began rolling out RedCoin through PayMe on October 23, while Anchorpoint’s HKDAP has been in a restricted institutional phase since August. Their next challenge is getting regulated…

Standard Chartered-backed Anchorpoint delays confirming retail access to its HKDAP stablecoin as HSBC launches RedCoin for 3.3 million PayMe users.