Invoice Winters, chief government officer of Normal Chartered, speaks at Hong Kong Fintech Week in Hong Kong on Nov. 3, 2025.
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Invoice Winters, CEO of Normal Chartered, foresees a future during which almost all international transactions are carried out on a digital blockchain ledger, he instructed a crowd in Hong Kong on Monday, as crypto adoption amongst mainstream banking and finance establishments grows.
“Our perception, which I believe is shared by the management of Hong Kong, is that just about all transactions will choose blockchains ultimately, and that each one cash shall be digital,” the UK-based multinational financial institution’s CEO mentioned throughout a panel at Hong Kong FinTech Week.
“Take into consideration what meaning: a whole rewiring of the monetary system,” he mentioned, including that experimentation is required to find out what that rewiring appears like.
Normal Chartered — which is listed in each London and Hong Kong — has been ramping up its involvement with digital belongings in recent times, together with by digital asset custody providers, buying and selling platforms, and tokenized merchandise.
Winters made the feedback whereas discussing Hong Kong’s position within the international digital belongings area, crediting town for management on experimentation and regulation, alongside Hong Kong Monetary Secretary Paul Chan.
Hong Kong has been working to ascertain itself as a regional crypto hub by a digital asset licensing regime, in addition to tokenization pilots during which Normal Chartered is a participant.
A tokenized asset is a digital illustration of a real-world asset, like shares, bonds, or commodities, that may be recorded and traded on a blockchain or distributed ledger. Stablecoins, that are pegged to a foreign money, are sometimes held up as an early instance of a tradable tokenized asset.
Normal Chartered, in partnership with blockchain enterprise capital agency Animoca Manufacturers and telecommunications firm HKT, is planning to launch a Hong Kong dollar-backed stablecoin underneath a brand new regulatory framework town launched in August.
Winters mentioned Monday he believed that Hong Kong greenback stablecoins can characterize an fascinating new medium of alternate for worldwide commerce on digital phrases.
Different international fintech leaders have additionally made bullish predictions for tokenized belongings in current months.
Robinhood Markets CEO Vlad Tenev mentioned final month that tokenization was a “freight prepare,” coming to most main markets within the subsequent 5 years.
Larry Fink, CEO of BlackRock, the world’s largest cash supervisor, mentioned in April that each asset from shares to bonds to actual property may be tokenized in what is going to characterize a “revolution” for investing.