On February 19th, the Securities and Futures Commission (SFC) of Hong Kong unveiled an ambitious roadmap aimed at enhancing its crypto landscape. The initiative outlines the introduction of 12 new strategies, focusing on crypto ETF collateralization as a core element. This development indicates the SFC’s commitment to fostering a compliant framework for digital assets, which is critical as the industry matures.
Industry insiders, including Hex Trust CEO Alessio Quaglini, emphasize that institutional collateral services are poised to become increasingly significant by 2025. As the regulatory environment evolves, market participants are keenly awaiting these developments. Additionally, Gary Tiu, Managing Director at OSL, highlighted a growing client appetite for yield products and derivatives, signaling a broader acceptance of refined financial instruments within the crypto domain.