Hassan Maishera
Chainlink announced via X on Wednesday that it now powers Hong Kong’s latest tokenized securities framework. The new Tokenized Securities Framework (TSF) provides the institutional infrastructure needed to unlock issuance, distribution, and settlement of tokenized securities in Hong Kong, standardizing the full asset lifecycle:
-
Chainlink CCIP for secure cross-chain asset movement
-
Chainlink ACE for policy enforcement & identity management
Participants include:
-
Cyberport: HK SAR Government-owned tech flagship and home to the city's largest fintech community (440+ firms)
-
Apex Group: global services provider with $3.5+ trillion in assets across 50+ jurisdictions
-
FORMS HK: Hong Kong banking industry’s largest fintech software development service provider and regulated digital currency technology builder
-
CSpro: Hong Kong's first SFC-licensed broker-dealer specializing in Tokenized Securities Offerings (TSOs)
This launch connects digital asset environments with regulated financial systems, marking a significant milestone in integrating Hong Kong with the digital asset economy.
Chainlink is powered by the LINK token, which is used to pay for platform services and secure the network’s proper functioning. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Chainlink is at the forefront of financial innovation and the global tokenization trend. Traditional financial institutions and infrastructure, such as SWIFT, DTCC, Euroclear, J.P. Morgan, Mastercard, the Central Bank of Brazil, UBS, SBI, Fidelity International, ANZ, and many others, are adopting Chainlink as a fundamental infrastructure as they move toward tokenizing trillions onchain. Demand for Chainlink has already generated hundreds of millions of dollars in revenue across a variety of traditional and decentralized use cases.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up 0.2% over the past 24 hours, trading at $8.18.
