EY Hong Kong: Hong Kong market regulation direction is stable, institutional investors are expected to increase virtual asset allocation in 2-3 years
Chris Barford, Head of Data and Analytics for Financial Services Consulting at EY Hong Kong, said that institutional investors have begun to pay attention to virtual assets. EY's survey found that many institutional investors expect to increase their allocation to virtual assets in the next 2-3 years. If the assets under management exceed $500 billion, most of them will invest about 1% of their assets in some form of virtual currency, and most family offices are also involved in virtual currency. Chris Barford mentioned that the regulatory direction of the Hong Kong market is relatively stable. The Hong Kong government has spent a lot of time and effort to establish these regulatory foundations, and the next focus is on how financial institutions can achieve it technically. In the future, tokenization can be applied more to real estate, even if you cannot afford to buy a property in Hong Kong, you can invest through tokenization and profit from real estate investment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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