On November 4, 2025, during the International Financial Leaders' Investment Summit, Georges Elhedery, the CEO of HSBC Group, emphasized that overlooking the implementation of disruptive technologies could bring about substantial risks, and highlighted that blockchain technology presents a pivotal opportunity. At present, HSBC has introduced a tokenized deposit service tailored for its Hong Kong customers and is actively involved in virtual currency initiatives. Previously, HSBC launched blockchain - powered settlement services in Hong Kong. Through tokenizing deposits, it empowered corporate clients to conduct real - time payments in both US dollars and Hong Kong dollars. Ant International has already taken advantage of this service for instant fund transfers. Moreover, HSBC has set its sights on expanding this service to other countries across Asia and Europe in the latter half of the year.