Important collection restaurants
- Animoca Brands has a joint venture, Anchorpoint Financial Limited, launched in collaboration with Standard Chartered Bank and HKT to concentrate on licensed Stablecoins.
- Anchorpoint wants to integrate Stablecoins into the regular financial ecosystem of Hong Kong, which improves the status of the city as a global financial hub.
- The company has applied for a license for Stablecoin Emittent from the Hong Kong Monetary Authority, in line with the new Stablecoins Regulation.
- Participation in the HKMA Stablecoin -Emittent Sandbox emphasizes the potential of stablecoins in Bridging Web3 and traditional finances.
Animoca Brands has announced the establishment of a joint venture called Anchorpoint Financial Limited in Hong Kong. This company is formed in collaboration with Standard Chartered Bank (Hong Kong) Limited and HKT. Anchorpoint’s primary focus is the development of a business model aimed at the issue and progress of licensed Stablecoins.
Anchorpoint has shown formally interest in the Hong Kong Monetary Authority (HKMA) when applying for a license for a Stablecoin emittent. This application was submitted on August 1, 2025, which coincided with the adoption of the Stablecoins Regulation.
Partnership is intended to integrate Stablecoins into regular financing
Evan Auyang, group President of Animoca Brands, emphasized the importance of this partnership. He stated that the cooperation aims to bring Stablecoins to the regular financial ecosystem in Hong Kong. Auyang emphasized that Stablecoins are a compelling use case within Web3, with potential for widespread acceptance in both institutional and retail sectors.
He also noted that as assets are increasingly on-chain, a Fiat-referred to Stablecoin is crucial for strengthening the status of Hong Kong as a leading international financial center.
Exploring the potential of the stablecoin in the financial markets
Since July 2024, Animoca Brands, SCBHK and HKT have participated in the HKMA Stablecoin -Emittent Sandbox. This initiative investigates how Stablecoins can play a crucial role in the development of financial markets and payments. The aim is to bridge the gap between web3 and traditional finances, making the position of Hong Kong as a global digital assets hub.
For more information, the official announcement can be found here.
Why this matters: Impact, Industry Trends & Expert Insights
Animoca Brands has a joint venture, Anchorpoint Financial Limited, formed in collaboration with Standard Chartered Bank and HKT to concentrate on publishing licensed Stablecoins in Hong Kong. This movement is in line with the adoption of the Stablecoins Regulation on 1 August 2025.
A Linklaters report emphasizes that the regulatory framework of Hong Kong for Stablecoins means an important step in tuning to global trends. The introduction of the Stablecoins Regulation is a strategic step to position Hong Kong as a leader in virtual assets, which supports the purpose of the joint venture to integrate Stablecoins into regular financing.
According to McKinsey, Stablecoins are ready to transform traditional financing by improving payment infrastructures and legal frameworks. This insight underlines the potential impact of the initiative of Anchorpoint, which aims to bridge the gap between web3 and traditional finances in Hong Kong.
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