Asian Markets Outpace US in Tokenized Finance Adoption, Enhancing BTC and ETH Infrastructure
Asian Markets Outpace US in Tokenized Finance Adoption, Enhancing BTC and ETH Infrastructure
Japan, Hong Kong, and Singapore are rapidly advancing tokenized finance, establishing robust custody rules, standardizing digital bond issuance, and approving retail tokenized funds. This proactive approach in Asian markets is creating financial plumbing that significantly reduces friction for collateral and settlement around Bitcoin (BTC) and Ethereum (ETH) venues, highlighting a crucial link between traditional finance innovation and the crypto ecosystem.
Japan is advancing custody rules, Hong Kong is standardizing digitally native bond issuance, and Singapore has approved the first retail tokenized fund. The sequence is rules, issuance, and cash-like instruments. The link to crypto is not narrative but plumbing that reduces friction for collateral and settlement near BTC and ETH venues.