ChainUp Featured on Ming Pao (明報) for Insights on Hong Kong's Virtual Asset Market

SINGAPORE, May 6, 2025 – During Digital Assets Week 2025 Hong Kong, ChainUp Chief Operating Officer Chung Ho shared insights with Ming Pao (明報) on the current state and future of Hong Kong's virtual asset market. Mr. Ho observed that the market is primarily focused on spot trading and faces a fragmented regulatory environment, potentially hindering its competitiveness compared to regions with more unified strategies. He noted Singapore's advancements in areas such as futures trading plans and custody licenses, where Hong Kong is still developing.

Despite these observations, Mr. Ho expressed strong optimism about the future of Real World Asset (RWA) tokenization in Hong Kong. He highlighted ChainUp's strategic focus on asset management in the region, with RWA tokenization already integrated into its suite of services. ChainUp anticipates growing demand for tokenizing diverse assets, including real estate, fine art, and wine.

Through this interview, Chung Ho provides valuable perspectives on the nuances of Hong Kong's virtual asset market, reinforcing ChainUp's commitment to understanding and navigating global market dynamics.

Read the full Ming Pao article here: http://bit.ly/4jPgIiw