Aptos Labs has joined Hong Kong’s central bank-backed Project e-HKD+, working alongside the Hong Kong Monetary Authority (HKMA), Hang Seng Bank, and Boston Consulting Group (BCG) to test real-world applications of tokenized funds through the city’s experimental digital currency, e-HKD.
The pilot demonstrated how programmable money and tokenized assets can operate on the Aptos blockchain, achieving instant atomic settlement, built-in compliance, and faster cross-border fund allocation.
According to Aptos Labs, the project resulted in a twofold increase in fund allocation between investors in Hong Kong and mainland China.
The tests also highlighted rising investor demand for tokenized financial products and growing confidence in programmable digital money as a foundation for transparent and efficient market infrastructure.
Aptos Labs noted it was the only public blockchain included in the HKMA’s e-HKD+ program, Industry Forum, and Programmability Working Group.
Digital Money Involvement
Aptos’ involvement in Hong Kong’s digital money initiative comes shortly after another major partnership: a collaboration with Reliance Jio, India’s largest mobile carrier.
Earlier this month, Jio launched a blockchain rewards program for 9.4 million beta users, using Aptos technology to support high-volume, low-latency transactions across its digital ecosystem.
Together, the moves signal Aptos tightening its grip on Asia’s digital finance scene, running government-grade money pilots in Hong Kong while wiring blockchain rewards directly into the daily lives of millions in India.