Solana Company Expands Operations in Hong Kong, Plans to Increase Team to 30 People

Solana Company plans to expand its operations in Hong Kong, increasing the local team from fewer than 10 people to a maximum of 30, and establishing Hong Kong as its new headquarters for the Asia-Pacific region. The company's chairman and CEO, Joseph Chee, stated that the tokenization business of large financial institutions in Hong Kong is still in its early stages and is developing at a slower pace compared to the U.S. market. The company expects to assess the progress of the Hong Kong market in about six months, and if there are still no major tokenization service providers at that time, it will consider forming its own team to provide related services to local banks. Last month, Solana Company was listed by the Hong Kong SAR government as a key enterprise for introduction, with its business positioning covering digital asset infrastructure and services.

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