According to the South China Morning Post, Nasdaq-listed digital asset infrastructure company Solana Company (HSDT) plans to expand its Hong Kong operations to meet the growing asset tokenization needs of local financial institutions. Chairman and CEO Joseph Chee stated that the company plans to expand its Hong Kong team from its current size of fewer than 10 people to a maximum of 30, and will assess the development of the local tokenization market within the next six months. If a major tokenization service provider is still lacking at that time, the company may form its own team to meet the banks' needs. Solana Company has previously been recognized as a key enterprise by the Hong Kong Investment Promotion Agency and will establish its Asia-Pacific headquarters in Hong Kong. According to the Hong Kong Securities and Futures Commission, 17 tokenized retail products have been approved in Hong Kong, with assets under management reaching US$1.3 billion, a year-on-year increase of 34%. https://www.(wublock123.com)/news/solana-expands-hong-kong-team-to-30-71488