此次启动的基金项目，正是基于企业在人工智能技术领域的积累，聚焦金融科技产业的关键赛道进行布 局。基金将重点投向人工智能驱动的智能投顾、区块链金融、数字资产管理、风控自动化解决方案等前 沿领域，通过资本纽带整合产业资源，推动金融科技技术的场景化应用与商业化落地。依托HKAI LAB 的技术生态支持，基金项目将具备更为严谨的技术筛选标准与更为专业的产业判断能力，确保每一笔投 资都能切实推动金融科技产业的高质量发展。 权威认可铸就发展底蕴，技术实力赋能基金布局 作为曾入选香港人工智能实验室（HKAI LAB）投资组合的优秀企业，汇创未来科技在人工智能与自动 化技术领域的深耕实力备受业界认可。HKAI LAB作为香港特区政府推动人工智能产业发展的核心载 体，其投资组合的遴选标准极为严苛，不仅要求企业具备领先的技术研发能力，更需拥有清晰的商业落 地路径与行业引领潜力。汇创未来科技能够获此青睐，充分印证了其在金融科技领域的技术前瞻性与商 业价值。 近日，总部位于香港的领先金融科技企业——汇创未来科技有限公司（Vcan FT）正式宣布，其筹备已 久的金融科技专属基金项目全面启动。凭借深厚的技术积淀与权威机构背书，这一标志性 ...

2026年2月6日，中国证监会发布《监管指引》，正式确立"境内严禁、境外严管"的双线监管原则，以备案制取代灰色地带的野蛮生长，为境内资产境外 RWA发行划定了合规边界。本文系统梳理这一里程碑式监管框架的出台背景、核心条款与实践影响，解析在全球RWA市场爆发式增长背景下，中国企业 如何在新规下合法拥抱代币化融资机遇。 摘要 2026年2月6日，中国证监会发布《关于境内资产境外发行资产支持证券代币的监管指引》（证监会公告〔2026〕1号）（以下简称《监管指引》）。同 日，中国人民银行、国家发展改革委、工业和信息化部、公安部、市场监管总局、金融监管总局、中国证监会、国家外汇局八部门联合发布《关于进一步 防范和处置虚拟货币等相关风险的通知》（银发〔2026〕42号，以下简称《通知》）。《监管指引》配合《通知》，对以境内资产为基础、在境外发行资 产支持证券代币的行为进行事前备案监管。 本文将从法律实务角度，对《监管指引》的发布背景、RWA代币化的历史沿革、全球监管、技术架构、实践案例等角度进行分析，对《监管指引》的内 容逐条解读，为相关企业及从业者提供系统性参考。 一、发布背景 近年来，现实世界资产（Real Word ...

Core Viewpoint - Tether has registered its asset tokenization platform Hadron's trademark in Russia, indicating a strategic move to expand its services in the blockchain and cryptocurrency sector [1] Group 1: Trademark Registration - Tether submitted the trademark application for Hadron in October 2025 and received approval in January 2026 [1] - The trademark rights are valid until October 2035 [1] Group 2: Services Covered - The trademark can be utilized for blockchain financial services, cryptocurrency trading and exchange, crypto payment processing, and related consulting services [1]

Core Insights - The GFCI 38 report highlights the rise of ten cities in mainland China, showcasing a collective advancement in global financial rankings, particularly in the Pearl River Delta, Yangtze River Delta, and Chengdu-Chongqing regions [1] Group 1: Rankings and Scores - Shanghai ranks 1st in mainland China and 8th globally with a score of 751, while Shenzhen follows closely at 2nd in mainland China and 9th globally with a score of 750, both cities showing an increase of 7 points from the previous period [2] - Beijing ranks 3rd in mainland China and 22nd globally with a score of 737, while Guangzhou, Qingdao, Chengdu, Hangzhou, Dalian, Nanjing, and Wuhan follow in respective positions, with notable movements in rankings and scores [2] Group 2: Factors Contributing to Rankings - Shenzhen's rapid ascent is attributed to its "innovation and finance" synergy, with flexible cross-border financial regulations in the Qianhai area facilitating over 100 billion yuan in capital flow last year [3] - Chengdu's rise to 38th globally is supported by its role as a "Western gateway," with over half of the financial settlements for the China-Europe Railway Express occurring there, alongside a strong output of financial talent and green finance initiatives [5] - Nanjing's ranking improvement to 9th in mainland China and 74th globally is linked to its blockchain technology applications in supply chain finance and significant issuance of green bonds for ecological restoration projects [7] Group 3: Overall Trends - The overall trend indicates that financial cities in mainland China are not merely relying on policy support but are leveraging geographical advantages, industrial strengths, and service capabilities to enhance their global standings [7]

Core Insights - The integration between fintech company Revolut and TRON, founded by Sun Yuchen, marks a significant step towards the maturation and intelligence of blockchain finance [1][3] - This collaboration is expected to enhance digital financial services for users, enabling fast remittances of stablecoins, seamless exchanges between fiat and stablecoins, and staking of TRX tokens within the app without platform fees [3][6] Group 1 - The integration is seen as a recognition of TRON's capability to provide enterprise-level financial infrastructure [5] - The collaboration allows users to participate in decentralized governance and earn rewards through TRX staking [3][5] - TRON's user base and on-chain transaction volume have been reaching new highs, with mainstream stablecoin circulation exceeding $79 billion, positioning TRON as a core player in the next generation of digital financial infrastructure [3][8] Group 2 - Sun Yuchen expressed confidence in the partnership, highlighting the combination of compliance, transparency, and superior technology to drive global financial transformation [6] - Emil Urmanshin from Revolut praised TRON's infrastructure for its market validation, low fees, and excellent performance, aligning with Revolut's mission to break traditional financial barriers [6] - The collaboration is viewed as a model for cooperation between compliant fintech platforms and blockchain infrastructure providers, aiming to provide user-centric digital asset services [8]

Group 1: US Proposal for Ukraine Security - The US has proposed more substantial security guarantees for Ukraine during peace negotiations, aiming to pressure President Zelensky to make concessions on territorial issues [4] - A US official indicated that the proposal includes strong security assurances similar to NATO's Article 5, although no specific details were provided [4] Group 2: Tesla's Robotaxi Testing - Tesla has confirmed that it is testing fully autonomous Robotaxi vehicles in Austin, Texas, with no passengers in the cars [10] - Following the announcement, Tesla's stock rose by 3.5% to $475.11, marking an 18% increase for the year and nearing its historical high from December 2024 [11] Group 3: JPMorgan's Ethereum-Based Fund - JPMorgan has launched its first tokenized money market fund based on Ethereum, named My OnChain Net Yield Fund (MONY), aimed at qualified investors [13] - This move reflects JPMorgan's deeper involvement in the tokenization space, which involves converting traditional assets into blockchain-based tokens [13] Group 4: Federal Reserve Insights - Federal Reserve Governor Stephen Milan expressed concerns that the current policy stance is unnecessarily restrictive for the economy, citing a moderate outlook on inflation and signals from the labor market [17] - Milan anticipates that housing inflation will ease as rent increases normalize post-pandemic, and he noted that service sector inflation is unlikely to rise due to cooling labor market conditions [17][18]

Group 1 - The U.S. proposed substantial security guarantees for Ukraine, aiming to pressure President Zelensky to make concessions on territorial issues [4][22] - A U.S. official indicated that the proposal resembles NATO's Article 5, but no details were provided [6][22] - German Chancellor Merz stated that the success of reaching a peace agreement by Christmas depends entirely on Russia [6][22] Group 2 - There is instability surrounding Kevin Hassett's candidacy for Federal Reserve Chair, with some Trump allies advocating for another candidate, Kevin Walsh [8][24] - Concerns have arisen that Hassett's close relationship with Trump could lead to market volatility if investors perceive it negatively [8][24] Group 3 - Tesla confirmed ongoing tests of fully autonomous Robotaxi vehicles in Austin, Texas, with no passengers in the cars [10][11][26] - Tesla's stock rose by 3.5% to $475.11, marking an 18% increase for the year and nearing its historical high from December 2024 [11][26] Group 4 - JPMorgan launched its first Ethereum-based tokenized money market fund, named My OnChain Net Yield Fund (MONY), targeting qualified investors [12][28] - This move reflects JPMorgan's deeper involvement in the tokenization space, which converts traditional assets into blockchain tokens [12][28] Group 5 - Trump stated that discussions with European leaders have brought the Russia-Ukraine conflict closer to resolution than ever before [15][30] - He emphasized positive dialogues with leaders from Ukraine, Germany, Italy, Finland, France, and the UK [15][30] Group 6 - Federal Reserve Governor Stephen Milan expressed that core inflation is nearing target levels, suggesting that current monetary policy may be overly restrictive [17][32] - He anticipates a normalization of housing inflation as rent increases stabilize, and he noted that service sector inflation is unlikely to rise significantly [17][32]

Group 1 - The event titled "The Breakthrough Path of Domestic GPUs in the Era of Large Models" will take place on December 18, from 14:00 to 16:00 at Tsinghua University's School of Economics and Management [1] - The event is organized by Tsinghua University's Blockchain Finance Research Center, Tsinghua x-lab, and QLChain Academy, focusing on the intersection of technology and business innovation [1][3] - The speaker, Yan Yan, is the Commercial Product Solutions Director at Beijing Xiwang Chip Intelligent Technology Co., with 20 years of industry experience, particularly in AI technology applications across various sectors [2] Group 2 - Tsinghua University's Blockchain Finance Research Center was established in April 2018, aiming to leverage technological advantages to promote business innovation and enhance understanding of blockchain in traditional industries [2] - Tsinghua x-lab, founded in 2013, serves as an educational platform for discovering and cultivating innovative talents, supporting China's innovation-driven development strategy [3] - QLChain Academy is a platform initiated by Tsinghua alumni for blockchain technology exchange, investment, and resource interaction, linking resources within and outside the university [3]

Core Viewpoint - The company reported a significant increase in revenue for the six months ending September 30, 2025, driven by its banking and digital payment services, despite incurring a larger loss compared to the previous period [2][5]. Financial Summary - Revenue for the six-month period was approximately HKD 369 million, a 36.1% increase from approximately HKD 271 million for the same period in 2024 [2]. - The company incurred a loss of approximately HKD 25.6 million, an increase of about HKD 24 million compared to a loss of approximately HKD 1.6 million in the previous period [2]. - The loss was primarily attributed to the company's banking operations, which recorded a loss of approximately HKD 24.4 million [2]. Business Review Banking Operations - The banking segment, operated by Ant Bank (Macau), saw revenue increase by approximately HKD 83.3 million to about HKD 90.1 million, largely due to the full consolidation of Ant Bank's financials for the entire six-month period [2][5]. - Interest income from loans and financial products contributed approximately HKD 70.8 million, up from HKD 5.4 million in the previous period [2]. - The total number of bank customers increased by approximately 97%, with deposits growing by about 290% and credit volume increasing by 101% [5]. Digital Payment and Related Services - Revenue from digital payment services rose by approximately HKD 10.1 million to about HKD 148 million, driven by increased local consumption and marketing activities [2]. - The company launched various promotional initiatives, including themed payment cards and enhanced services for mainland tourists [6][7]. Lottery Business - Revenue from the lottery segment increased by approximately HKD 4.6 million to about HKD 131 million, attributed to the resumption of instant lottery ticket supplies by Chinese regulatory authorities [2][9]. Business Outlook - The company aims to establish itself as a leading global fintech group, focusing on integrating banking, digital payments, and local consumer services into a comprehensive digital ecosystem [10][13]. - The company plans to deepen its strategic partnerships with Alibaba Group and Ant Group to enhance digital business applications and service experiences [13][14].

Core Insights - Figure Technology Solutions Inc reported third-quarter earnings of 34 cents per share, significantly exceeding the analyst consensus estimate of 15 cents per share [1] - The company achieved sales of $156.37 million, surpassing analyst forecasts of $119.01 million [1] Financial Performance - Net Income increased by 227% year-over-year, highlighting the company's strong growth trajectory [2] - The Adjusted EBITDA margin reached 55%, indicating the scalability of the blockchain-based model [2] Market Reaction - Following the earnings announcement, Figure Technology shares rose by 11.6%, trading at $44.89 [2] Analyst Ratings and Price Targets - Mizuho analyst Dan Dolev maintained an Outperform rating and raised the price target from $47 to $56 [7] - B of A Securities analyst Craig Siegenthaler maintained a Neutral rating and increased the price target from $41 to $47 [7]