Hong Kong bank pilot enables 24/7 central bank settlement for tokenized fund deals

A Hong Kong bank pilot now allows participating institutions to settle tokenized deposit transactions in central bank money around the clock, beyond conventional banking hours. The setup is aimed at supporting treasury and fund activity tied to tokenized fund deals. Traders should watch this as a step toward institutional-grade tokenized settlement infrastructure, which could deepen demand for tokenized assets even though no specific crypto token is involved.