Disruption

The HKMA has launched a grant scheme of up to HK$2.5m for future digital bond issuances, which is the SAR’s latest move to build its virtual asset ecosystem.

Nimish Panchmatia says that AI is transforming banking, shifting the focus from transactional efficiency to a more human-centred approach that considers the long-term impacts on people and society.

The US venture capital firm has made early-stage investments in space, cybersecurity, biotech, nanotech, drones and robotics; recently promoted Chip Whittemore will lead the team.

Fund tokenisation has already reached $2bn in assets under management this year, with on-chain money set to bring 24/7 secondary transfers and fractionalisation.

Senior executives from the HKEX, SFC and SIX, discussed tokenisation, the new economy, AI and post-trade settlement, in a panel hosted by FA.

Li's practice at the international law firm will focus on fund formation and digital assets, across hedge funds, private equity, real estate and cryptocurrency.

Abu Dhabi’s Wio Invest is set to integrate the digital wealth management platform, as Arta eyes global expansion through the Lion City.

Digital assets and physical gold share both have an absence of dividend payments and the concept of finite supply. However, volatility casts one as a safe-haven play, while the other is branded as a risk-on asset, at least for now.

The note, which raised $300m, is listed on the Luxembourg Stock Exchange, with clearing of the bonds possible on Hong Kong Monetary Authority’s Central Moneymarkets Unit and SIX.