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PwC Urges Hong Kong to Build Blockchain Asset Registries to Accelerate Tokenization

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By BlockFlowAug 25, 2025

PwC has urged Hong Kong to accelerate its digital asset strategy by creating blockchain-native registries for tokenized assets, positioning the city as a digital-first wealth hub.

The Hong Kong government has launched a public consultation for the 2025 Policy Address. At a recent press conference, PwC outlined its policy recommendations, calling for faster progress on digital asset strategies following the release of Hong Kong’s “Digital Asset Development Policy Declaration 2.0.”

Unveiled in June, the updated declaration sets out Hong Kong’s ambitions to become a global digital asset hub, with an emphasis on building a more comprehensive regulatory framework, encouraging tokenization, and strengthening investor protections. PwC said Hong Kong should move quickly to turn these policy goals into practice.

The firm proposed establishing a blockchain-native asset registration system to drive tokenization, along with digital issuance and transfer registries for land, intellectual property, and equity investments to simplify processes and shorten transaction times.

Charles Lee, PwC China Vice Chairman and Managing Partner, emphasized Hong Kong’s role as a super-connector between mainland China and global markets. He stressed that the city must act decisively to capture new growth momentum, stimulate market vitality, and strengthen collaboration with regional partners in order to consolidate its status as a leading international financial center.

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