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<p>The Hong Kong Monetary Authority (HKMA) has released its Phase 2 e-HKD pilot report, highlighting a major milestone in cross-border settlement using tokenized assets and digital currencies.</p>
<p>The initiative, powered by Chainlink’s Cross-Chain Interoperability Protocol (CCIP), was developed in collaboration with ANZ, Fidelity International, China AMC, and Visa.</p>
<p>The pilot explored how Australia-based investors could acquire tokenized money market fund units from Hong Kong-based managers using e-HKD and tokenized deposits, bridging the gap between digital currencies and regulated assets.</p>
<blockquote class="twitter-tweet">
 <p>The Hong Kong Monetary Authority (HKMA) released a report on Phase 2 of its e-HKD program, publishing the results of multiple industry initiatives, including a key cross-chain settlement solution powered by Chainlink with ANZ, China AMC, and Fidelity International.… <a href="https://t.co/uMGYsjW8TB" rel="noopener noreferrer nofollow">pic.twitter.com/uMGYsjW8TB</a></p>
 <p>— Chainlink (@chainlink) <a href="https://twitter.com/chainlink/status/1983217391707324858?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">October 28, 2025</a></p>
</blockquote>
<p></p>
<p>Through the integration of Chainlink CCIP and the Automated Compliance Engine (ACE), the pilot demonstrated secure, real-time cross-chain settlement and automated compliance enforcement, addressing three core institutional challenges:</p>
<ol>
 <li>Trusted data: Ensuring accurate, tamper-proof asset pricing and transaction data.</li>
 <li>Cross-chain connectivity: Allowing seamless movement of assets and data between blockchains.</li>
 <li>Automated compliance: Enabling on-chain identity verification and policy alignment across jurisdictions.</li>
</ol>
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<p><strong>Participating institutions each played key roles:</strong></p>
<ul>
 <li>ANZ issued tokenized money market fund units and supported real-time settlement.</li>
 <li>Fidelity International integrated Chainlink CCIP for delivery-versus-payment (DvP) transactions.</li>
 <li>Visa contributed its Tokenized Asset Platform (VTAP) to handle tokenized deposits and digital settlements.</li>
</ul>
<p>By uniting these technologies, the HKMA’s pilot provides a blueprint for regulated, interoperable tokenized finance, demonstrating how e-HKD and blockchain infrastructure can modernize cross-border payments and digital asset settlement in Asia’s financial hub.</p>
<p>The post <a href="https://www.ethnews.com/hong-kongs-e-hkd-pilot-uses-chainlink-for-cross-border-tokenized-settlement-with-anz-fidelity-and-visa/" rel="noopener noreferrer nofollow">Hong Kong’s e-HKD Pilot Uses Chainlink for Cross-Border Tokenized Settlement with ANZ, Fidelity, and Visa</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.</p>

Hong Kong’s e-HKD Pilot Uses Chainlink for Cross-Border Tokenized Settlement with ANZ, Fidelity, and Visa

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