The Hong Kong Digital Asset Listed Companies Federation has been officially established, with 49 institutions selected as founding members

ChainCatcher news, the Hong Kong Virtual Assets Listing Association (HKVALA) held its founding conference today in West Kowloon, attended by Hong Kong government officials and Legislative Council members who delivered speeches. Kong Jianping, founder of Nano Labs, was appointed as the honorary president of the association.

The establishment of the association aims to respond to the recent release of the "Hong Kong Digital Asset Development Policy Declaration 2.0" and the effective "Stablecoin Ordinance," committed to establishing Hong Kong as a strategic hub for global real-world asset tokenization (RWA). The association brings together representative listed companies in the digital asset field, licensed financial institutions, blockchain technology solution providers, and RWA project parties, aiming to create a hub for stablecoin regulatory innovation practices and a strategic platform for institutional-level digital financial infrastructure.

It is reported that the founding members of the association include 49 institutional units such as China New Economy Investment, United Development Holdings, Guofu Quantum, Yunfeng Financial, OK Blockchain, and Huaxing Capital Holdings.