Digital finance is moving from the experimental stage to large-scale application.
On October 1, the "Singapore-Hong Kong Connect Forum (SG-HK Connect)" co-hosted by MetaComp and OSL was grandly held at the Fairmont Hotel's Asian Grand Ballroom in Singapore. As one of the important open forums during TOKEN2049 week, the event attracted regulatory representatives, scholars, and industry leaders from Singapore, Hong Kong, and Central Asia to discuss how stablecoins and real-world asset tokenization (RWA Tokenisation) are reshaping the future landscape of cross-border finance.
The forum was hosted by MetaComp Co-President Tin Pei Ling. Dr. Bo Bai, Chairman and Co-Founder of Alpha Ladder Group, and Eugene Cheung, Chief Business Officer of OSL, delivered speeches on behalf of the organizers and invited AIFC Governor Renat Bekturov and Kazakhstan's Ambassador to Singapore Askar Kuttydadam to attend. The event also gathered prominent guests from academia and industry, including INSEAD Associate Professor Ben Charoenwong, FinChain CEO and Co-Founder Chen Zhao, Sing Auto representative Alice Liu, and David Song, Head of Digital Business at Green Link Digital Bank, to share their insights and practices in cross-border payments and real-world asset tokenization.
This gathering of ideas and practices not only showcased the latest trends in digital finance but also highlighted the leading role of Singapore and Hong Kong as two major international financial hubs in Asia. The guests unanimously agreed that the future of cross-border finance will be driven by the "real-world track"—where innovation and compliance run parallel, and trust and efficiency coexist.
(From left to right: Professor Ben Charoenwong–INSEAD, Tin Pei Ling–MetaComp, Dr. Bo Bai- Alpha Ladder, Eugene Cheung–OSL, Governor Renat Bekturov- AIFC)
1. The New Engine of Financial Innovation: Driving Forces
- Driving Factor: Urgent Need for Improved Cross-Border Payment Efficiency
Cross-border payments are the lifeblood of global trade. The existing systems (such as the USD-SWIFT network) have long provided stability and trust for the global economy, but with the globalization of trade and the rise of emerging markets, the demand for speed and transparency has become increasingly urgent.
A white paper co-authored by MetaComp's leadership team Dr. Bo Bai, Eddie Hui, Tin Pei Ling, and INSEAD Professor Ben Charoenwong points out:
Under the current system, small and medium-sized enterprises often bear higher opportunity costs due to settlement delays and multiple intermediaries.
By implementing a compliance-by-design stablecoin layer, cross-border payment speed, transparency, and interoperability can be significantly enhanced without replacing the existing system.
- Pulling Factor: Technological Maturity and Regulatory Clarity
The market capitalization of stablecoins continues to grow, and the global market environment is gradually maturing.
Singapore's MAS stablecoin framework and Hong Kong's upcoming Stablecoin Ordinance provide clear regulatory standards for the industry, creating a safe, transparent, and sustainable innovation ecosystem.
- Web 2.5 Reality: Building Trust as a Bridge
Traditional finance will not disappear; it remains the cornerstone of global trust. The real opportunity lies in bridging the two—combining the compliance and robustness of the banking system with the speed, transparency, and programmability of blockchain technology to build a stable and efficient new generation of financial infrastructure.
After events like Luna and FTX, trust must be embedded in the system from the design stage.
Only by using compliance, transparency, and auditability as the underlying logic can innovation gain the trust of institutions and regulators, allowing the market to move towards a safer and more mature direction.
2. What "Real-World Track" Means
- Stablecoins: The "Bridge" Connecting Traditional and Digital Finance
The main thoroughfare for cross-border payments is still composed of global networks like SWIFT.
The core value of stablecoins lies in adding a programmable digital layer to the traditional system, allowing funds to flow and settle faster under regulatory visibility.
It is not a replacement but a complement and enhancement—making payments more efficient, transparent, and secure.
- RWA: Endowing Digital Assets with Real Financial Value
Real-world assets (RWA) represent an innovative direction for representing and managing traditional assets in digital form on the blockchain, but their development must be premised on compliance. Compliant RWA tokenization can enhance the transparency and operational efficiency of financial markets within a regulatory framework, promoting the digital transformation of asset management and settlement processes.
Stablecoins drive the cross-border flow of value, while RWA provides real support for the digital financial system. The two complement each other, jointly building a trustworthy, transparent, and regulatory-compliant digital financial infrastructure.
3. Licenses: The Foundation of Trust
MetaComp holds a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS), covering cross-border remittance and Digital Payment Token (DPT) services.
Under MAS's comprehensive regulatory framework, MetaComp can provide compliant financial services covering payments, investments, and tokenization markets for institutional clients, achieving seamless connections between traditional finance and digital assets.
This compliance system provides a solid guarantee for the group's cross-border and digital asset infrastructure, ensuring that all business activities meet the highest standards of compliance, transparency, and investor protection.
4. New Dual Hubs: The Dual Engines of Asian Liquidity
Singapore, with its robust regulatory system, deep trade connections, and global channels covering Asia, the Middle East, and Africa, has become an important hub for regional financial innovation. As a compliant financial institution holding a Major Payment Institution (MPI) license issued by the Monetary Authority of Singapore (MAS), MetaComp focuses on cross-border payments and institutional-level digital asset settlement, with monthly OTC and payment transaction volumes exceeding $1.5 billion, fully demonstrating its leading position in regulatory compliance and market trust.
Under the leadership of industry pioneers like OSL, Hong Kong has become a key engine for international finance and institutional-level digital asset innovation in Asia.
Together, the two locations form an Asian liquidity corridor—two major regulatory centers working hand in hand to promote the global standardization and cross-border interconnectivity of digital assets.
The strategic cooperation between MetaComp and OSL is a practical realization of this vision: focusing on liquidity, compliance, and innovation to jointly drive the construction and development of a new generation of cross-border financial infrastructure.
5. Building Bridges: Strengthening Strategic Cooperation
The presence of Governor Renat Bekturov and Ambassador Askar Kuttykadam highlights the significant importance of digital finance in policy, diplomacy, and cross-border cooperation. This forum further solidified the strategic partnership between MetaComp and OSL, deepening collaboration and interconnectivity between Singapore and Hong Kong in the field of digital finance. Together, they will promote cross-border settlement and asset circulation from Central Asia, East Asia to Southeast Asia, the Middle East, Africa, and Latin America, using compliance as a bridge and innovation as a driving force to build an open, trustworthy, and efficient new global financial ecosystem.
6. Outlook for the Future
Digital finance is moving from the experimental stage to large-scale application.
In the coming years:
Programmable payments will penetrate daily operations and international trade for enterprises;
Tokenized funds and sovereign bonds will become mainstream liquidity and yield management tools;
Licensed financial institutions like MetaComp and OSL will become key hubs connecting traditional finance and digital asset markets—injecting the efficiency and transparency of blockchain into the global financial system within a compliant framework.
These regulated platforms are laying the foundation for a new generation of cross-border financial infrastructure—a global financial future that is faster, more transparent, and more interoperable.
MetaComp adheres to the philosophy of "real, trustworthy, compliant, robust, and future-oriented," working hand in hand with partners to move forward at the speed of trust, contributing to the high-quality development of digital finance.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
