Hong Kong has launched a Tokenized Securities Framework (TSF) powered by Chainlink infrastructure to support compliant token issuance, distribution, and settlement. The initiative brings together FORMS HK, Cyberport, Apex Group, and CSpro within a regulated market structure. The framework uses the ERC-3643 token standard for embedded compliance and leverages Chainlink’s Cross-Chain Interoperability Protocol (CCIP) for cross-chain settlement along with its Automated Compliance Engine (ACE) for identity management and policy enforcement. The TSF targets delivery-versus-payment (DvP) settlement by linking tokenized securities with digital money infrastructure. The launch follows Hong Kong’s Securities and Futures Commission revision of tokenization guidance in April 2026.
Hong Kong has launched a Tokenized Securities Framework (TSF) that standardizes the full lifecycle of tokenized securities, covering issuance, distribution, settlement, asset servicing and operations. The framework initially adopts the ERC-3643 token standard, embedding compliance requirements directly into tokenized assets to help issuers manage permissioned access under Hong Kong’s regulatory framework.
Chainlink provides two critical infrastructure components. Its Cross-Chain Interoperability Protocol (CCIP) supports secure movement of assets and messages across blockchains, while the Automated Compliance Engine (ACE) enforces KYC, AML and jurisdictional requirements across digital-asset ecosystems.
The initiative includes Cyberport, FORMS HK, Apex Group and CSpro. Cyberport and FORMS HK previously established Blockchain Valley@Cyberport, with FORMS HK committing up to $12.8 million over three years toward investment, research and market development.
Apex Group brings institutional asset-servicing capabilities, while CSpro provides regulated securities-market expertise. The framework targets the market infrastructure surrounding tokenized securities rather than simply creating another token issuance platform.
A key challenge for tokenized securities is fragmentation between blockchains and traditional financial infrastructure. Chainlink’s CCIP addresses interoperability by allowing tokenized assets and messages to move across different blockchain environments.
The framework also targets delivery-versus-payment (DvP) settlement, linking tokenized securities with digital money infrastructure such as tokenized deposits and bank-based settlement mechanisms. This connects the digital asset with the corresponding payment leg in a controlled manner.
The launch follows the Securities and Futures Commission’s revision of tokenization guidance in April 2026, which also established requirements for secondary trading of certain authorized tokenized investment products on licensed virtual-asset trading platforms. For Chainlink, the development expands its role beyond blockchain data infrastructure into compliance and institutional market connectivity.
