Hong Kong Investors Would Double Fund Allocations With Tokenized Products: Aptos Labs

Why It Matters

The results demonstrate a clear commercial case for banks and asset managers to develop token‑based fund infrastructure, potentially reshaping fund distribution in Asia’s leading digital‑asset hub.

Key Takeaways

• 61% would double fund allocations with tokenized products
• 97% value instant settlement and 24/7 access
• 71% favor secondary trading for increased investment
• No preference between CBDC, stablecoins, or tokenized deposits
• Global tokenized real‑world assets market at $23 billion

Pulse Analysis

A recent pilot in Hong Kong, conducted by Aptos Labs, BCG and Hang Seng Bank, surveyed 500 retail investors across Hong Kong and mainland China. The data reveal that 61 % would double their fund allocations if tokenized products offered instant settlement and round‑the‑clock access. Nearly all respondents—about 97 %—prioritized speed, transparency and 24/7 availability, while 71 % said the prospect of secondary trading would make them more likely to invest. These preferences underscore a shift from traditional fund structures toward digital‑first solutions that cater to modern liquidity expectations.

The appetite for tokenized assets aligns with a broader expansion of the real‑world asset token market, now valued at roughly $23 billion and growing at double‑digit monthly rates. Hong Kong’s regulatory framework, recognized as one of Asia’s most active digital‑asset hubs, is facilitating this momentum by allowing tokenized fund subscriptions and redemptions, though secondary markets remain limited. Investors showed little distinction between regulated stablecoins, tokenized bank deposits, or central‑bank digital currencies, indicating that functional features outweigh the underlying technology in driving adoption.

For banks and asset managers, the findings signal a commercial incentive to build token‑based infrastructure that supports instant settlement and continuous trading. By integrating programmable digital money, firms can unlock new revenue streams while meeting clear client demand. At the same time, the report cautions that as regulated stablecoins mature, retail demand for sovereign CBDCs may stay modest. Nonetheless, the convergence of investor expectations, regulatory clarity, and scalable tokenization platforms positions Hong Kong to lead the next generation of fund distribution.