ME News reports that on August 5 (UTC+8), FORMS Syntron Information (HK), in collaboration with Chainlink, APEX Group, and CSpro, launched the Tokenized Securities Framework (TSF), providing infrastructure support for the issuance, distribution, and settlement of tokenized securities. Initially, the framework adopts the ERC-3643 token standard with embedded compliance controls. FORMS HK is responsible for infrastructure coordination and banking system integration; Chainlink provides oracle services, cross-chain interoperability, and compliance identity management; APEX Group offers tokenization and asset services; and CSpro handles asset origination and market access, enabling compliant distribution through licensed intermediaries in Hong Kong. (Source: Foresight News)
FORMS HK and Chainlink Launch Tokenized Security Framework for the Hong Kong Market
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Summary
FORMS HK and Chainlink have launched the Tokenized Security Framework (TSF) for the Hong Kong market, built on a compliance framework and utilizing the ERC-3643 standard. The TSF supports the issuance, distribution, and settlement of tokenized securities. FORMS HK leads infrastructure and bank integration, while Chainlink provides oracle and compliance identity solutions. APEX Group and CSpro handle asset tokenization and market access, enabling compliant distribution through licensed intermediaries. The framework aims to enhance liquidity and crypto markets in the region.
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