Aptos Labs Joins Hong Kong’s Project e-HKD+
Aptos Labs has joined Project e-HKD+, an initiative backed by Hong Kong’s central bank. It collaborates with the Hong Kong Monetary Authority (HKMA), Hang Seng Bank, and Boston Consulting Group (BCG). The project tests real-world uses of tokenized funds through the city’s experimental digital currency, e-HKD.
The pilot showed how programmable money and tokenized assets work on the Aptos blockchain. It achieved instant atomic settlement, built-in compliance, and faster cross-border fund allocation.
Aptos Labs said the project doubled fund allocation between investors in Hong Kong and mainland China. The tests also revealed a rise in investor demand for tokenized financial products. Confidence grew in programmable digital money as a base for transparent, efficient markets.
Aptos Labs was the only public blockchain included in HKMA’s e-HKD+ program, Industry Forum, and Programmability Working Group.
Aptos’ Digital Money Initiatives in Asia
Aptos’ role in Hong Kong’s digital currency project follows a recent partnership with Reliance Jio, India’s largest mobile carrier. Earlier this month, Jio launched a blockchain rewards program for 9.4 million beta users.
The program uses Aptos technology to handle high-volume, low-latency transactions across Jio’s digital ecosystem.
These developments highlight Aptos expanding its presence in Asia’s digital finance sector. It runs government-level money pilots in Hong Kong and supports blockchain rewards for millions in India.