Animoca Partners for Stablecoin License in Hong Kong

In a major move to drive stablecoin ecosystem expansion across Asia, Animoca Brands has announced the establishment of Anchorpoint Financial Limited in partnership with Standard Chartered Bank (Hong Kong) and HKT. The joint venture aims to secure a stablecoin issuer license under Hong Kong’s new regulatory framework, positioning the city as a global leader in digital assets.

Formal License Application Signals Confidence in Hong Kong’s Digital Finance Push

On August 1, 2025 — the same day the new Stablecoins Ordinance took effect — Anchorpoint officially submitted its interest to the Hong Kong Monetary Authority (HKMA). As a result, this marks a critical step forward in the broader stablecoin ecosystem expansion, effectively aligning institutional finance with blockchain innovation.

Evan Auyang, Group President of Animoca Brands, stated:

“Stablecoins represent one of the most compelling use cases within Web3, and we believe we are still at the early frontier of widespread adoption. The HKMA-regulated fiat-referenced stablecoin is important in reinforcing Hong Kong’s position as a leading international financial center.”

Bridging Web3 and Traditional Finance

Since July 2024, Animoca Brands, SCBHK, and HKT have worked together in the HKMA sandbox to test stablecoins in real-world settings. Together, they aim to connect blockchain tools with today’s banking systems, making stablecoins useful in both payments and broader financial services.

In addition, this partnership focuses on both large institutions and everyday users, helping Web3 adoption grow faster across Asia-Pacific markets.

Meanwhile, the stablecoin license plan shows they want to follow rules while building trusted systems for the future of money.

Above all, they want to mix trusted banking systems with new digital tools, giving people more choices in how they pay and save. As a result, Anchorpoint may set an example for other countries looking to safely grow their digital finance space.

Animoca’s Broader Web3 Ambitions

Animoca Brands, a Web3 powerhouse, is leveraging its experience in blockchain gaming and tokenized digital rights to drive this initiative. Through its three-pronged strategy—running native Web3 businesses, offering digital asset advisory services, and investing in a robust portfolio of over 540 companies—Animoca is spearheading innovation from the ground up.

Among its key projects are:

• The Sandbox

• Moca Network

• Open Campus

• Anichess

• Strategic partnerships such as the NEOM Web3 initiative

Anchorpoint is now an integral piece of its stablecoin ecosystem expansion, offering a regulatory-compliant gateway to on-chain asset settlement and fiat-pegged digital currencies.

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