10th November, 2026
By Anjali Kochhar
The Solana Company’s Expansion into Hong Kong’s Tokenisation Market
The Solana Company, a listed firm that holds about 2.2 million SOL worth close to $197 million, plans to build a tokenisation business in Hong Kong. The city has named tokenisation a priority area for fintech growth, and the company wants a share of the demand that follows.
Joseph Chee, the firm’s chairman and CEO, called the Asia-Pacific region the “biggest opportunity for Solana.”
The Solana Company is a digital asset treasury (DAT). Its main job is to accumulate SOL and raise the amount of the token held per share, with the help of capital markets and on-chain activity. The Hong Kong plan adds a second line of work. The company will build infrastructure and advise firms that want to tokenise real-world assets, as more institutions in the city ask for help with the process.
Hong Kong’s Growing Real-World Asset Tokenisation Market
The local market is still young. Regulators have approved 17 tokenised retail products so far, with assets under management of about $1.3 billion, a rise of more than a third over last year.
Chee was candid that the US remains ahead. American regulators have moved faster and have even cleared venues for tokenised stocks. In Hong Kong, he said, many large financial institutions have only begun to consider or launch tokenisation projects. He expects the company to have a clearer read on local demand within six months.
Solana Company Plans to Expand Its Institutional Tokenisation Services
If that demand holds, and no large local players step in to meet it, the Solana Company plans to grow its team to 30 people. That team would offer tokenisation services to banks in the city.
The plan follows recent recognition from the Hong Kong government. The Office for Attracting Strategic Enterprises (OASES) named the Solana Company in its seventh batch of strategic enterprises. At the time, Chee said Hong Kong would serve as the firm’s base to advise institutions and build infrastructure across the region, and that the company would explore how digital asset infrastructure could support the city’s financial institutions.
The timing fits Hong Kong’s wider digital asset agenda. The Hong Kong Monetary Authority (HKMA) has approved two issuers, HSBC and Anchorpoint, to launch stablecoins pegged to the Hong Kong dollar. Anchorpoint plans to support native issuance and redemption of its token on the Solana blockchain, which gives the network a direct link to regulated local money.
BlockWind News Analysis
The Hong Kong plan shows the Solana Company wants a business beyond its SOL reserves. Treasury firms live and die by the token price, and a tokenisation services arm would give the company income from client work, which could cushion it when markets turn.
Hong Kong is a sensible place to test that model. Its regulators have set out clear rules for tokenised products and stablecoins, and Anchorpoint’s Hong Kong dollar stablecoin gives Solana an early foothold in regulated local money. Ethereum-based networks still host a large share of institutional tokenisation work, so Solana will need to win over banks that already have other options.
The plan is also cautious. The company will wait six months before it commits to a full team, and 30 people is a modest number for a regional push. For SOL holders, a working stablecoin and a few bank clients in Hong Kong would offer stronger proof of real-world use than any fresh treasury purchase.
