OSL Group Chief Financial Officer: STO has the potential to become one of the mainstream fundraising models in Hong Kong
OSL Group Chief Financial Officer Hu Zhenbang said in a recent interview that Hong Kong has a particular advantage in expanding the STO market. Hong Kong's characteristics of being backed by the mainland have become very attractive to international funds. If STO can develop and mature, it may become one of the mainstream funding models in the future. Asset ownership will be automatically recorded and saved on the blockchain in a permanent, secure and transparent manner, recording all past transaction records and asset ownership, greatly increasing transparency and accountability. The scope of STO-related projects can be very wide, and Hong Kong has a large number of relevant talents. If we actively explore the STO market in the future, the development of the virtual asset market will outperform many countries and regions.