HKVAX Advances Blue Economy Tokenization with Strategic MoU

Hong Kong Virtual Asset Exchange Limited (HKVAX) has taken a significant step in the Security Token Offerings (STOs) sector for the blue economy. During the Oeiras BlueTech Ocean Forum in Lisbon, HKVAX signed a Memorandum of Understanding (MoU) with Fórum Oceano and Yacooba Labs for a Blue Economy STO project. This collaboration aims to promote sustainable finance through tokenization initiatives.

Dr. Anthony Ng, Co-Founder and CEO of HKVAX, emphasized the project's potential to create new investment opportunities and contribute to marine ecosystem preservation. His keynote speech highlighted Hong Kong's strategic position as a global hub for blue economy innovation due to its robust regulatory framework and HKVAX's advanced tokenization solutions.

The MoU signing illustrates HKVAX's commitment to international collaboration, aiming to bridge traditional finance and sustainable ocean initiatives. The forum served as a platform for fostering global partnerships to accelerate blue economy innovation and sustainability.