Ant Group participates in the Hong Kong Monetary Authority's EnsembleTX.

Recently, the Hong Kong Monetary Authority announced the launch of a new phase of the Ensemble project, "EnsembleTX," marking a crucial step for Hong Kong in promoting tokenized deposits and the real value trading of digital assets. On November 17th, Ant Group responded that, as a representative of technology enterprises participating in the Ensemble project, it was once again included in the list of "Industry Pioneers of EnsembleTX," working together with financial institutions and regulatory authorities to explore compliant tokenization applications. According to the Hong Kong Monetary Authority, the trial phase of EnsembleTX will use tokenized deposits for settlement, tokenized currency market fund trading, and test real-time liquidity management. Initially based on the Hong Kong dollar real-time payment settlement system, it will gradually transition to 24/7 settlement supported by tokenized central bank currency starting in 2026, significantly improving trading efficiency and cross-time zone liquidity. The Ensemble project was launched in March 2024 with the aim of promoting the interoperability of tokenized central bank currency, tokenized deposits, and digital assets, as well as standard setting. Ant Group's continuous participation in the Ensemble project stems from its own technological expertise and practical experience. Its recently released "DT Tokenization Suite" can provide institutions with digital services for the entire lifecycle of physical assets, helping to standardize and scale the token economy. Additionally, Ant Group's Layer2 public chain Jovay, with its high performance, low cost, and high security features, provides a solid technical foundation for asset tokenization. In the Hong Kong market, Ant Group has collaborated with companies such as Guotai Junan, and China Gas on digital asset issuance cases, accumulating rich experience in compliance practices. During the Ensemble project sandbox phase, Ant Group has built its own tokenized asset platform and participated in completing two major themes, "Green and Sustainable Finance" and "Trade and Supply Chain Financing" cases, including the first domestic renewable energy asset cross-border RWA transaction and the exploration of tokenized deposits settlement based on electronic bills of lading.