The Stan Group, the family-owned office that represents the assets of “shop king” Tang Shing-bor, will meet with Hong Kong’s securities watchdog early next year to seek approval to sell tokenised real estate using blockchain technology.If approved, the application would reflect the first time the Securities and Futures Commission (SFC) has permitted the use of tokens to legally trade in Hong Kong with real estate as the underlying asset.The proposed token scheme comes as a chill has descended…
Source : South China Morning Post
Read more…Family office of ‘shop king’ Tang Shing-bor wants to use blockchain to ‘tokenise’ real estate holdings
