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Solana Company plans expansion in Hong Kong to tap tokenization market
Nasdaq‑listed Solana Company is targeting a major expansion in Hong Kong as institutional demand for tokenized assets grows. Chairman and CEO Joseph Chee said the Asia‑Pacific region could become a key market for the firm’s ecosystem. The company already has an Asia‑Pacific headquarters in Hong Kong and was recently listed as a strategic enterprise by the local Office for Attracting Strategic Enterprises. It aims to provide blockchain infrastructure to traditional financial institutions for tokenizing real‑world assets, and may increase its local staff from fewer than 10 to up to 30 within six months. Hong Kong regulators have approved 17 tokenized investment products managing roughly $1.3 billion, a 34% rise from the previous year.