The Hong Kong Monetary Authority (HKMA) released a report on Phase 2 of its e-HKD program, publishing the results of multiple industry initiatives, including a key cross-chain settlement solution powered by Chainlink with ANZ, China AMC, and Fidelity International. In the solution, ANZ, China AMC, and Fidelity International leveraged Chainlink CCIP and the Automated Compliance Engine (ACE) to meet both institutional cross-chain interoperability and compliance requirements for secure cross-chain settlement of tokenized assets. This proves how Australia-based investors can acquire tokenized money market fund units from Hong Kong-based asset managers using e-HKD and tokenized deposits. This solves the three biggest challenges of institutional tokenized asset transactions: 1. Trusted data—Providing secure, high-quality data needed to accurately price assets in transactions and enable transfer agents. 2. Cross-chain connectivity—Connecting multiple chains to seamlessly move both value and data across networks via Chainlink CCIP. 3. Automated compliance—Enabling automated compliance enforcement by providing onchain identity proofs and matching them against policies from multiple jurisdictions and regulatory frameworks via Chainlink’s Automated Compliance Engine (ACE). By unifying these capabilities under a single standard, Chainlink enables institutional-grade tokenized asset transactions end-to-end at scale, unlocking the next generation of regulated tokenized finance. Read the full report: