Finloop brings HKDAP payments to a tokenised note for professional investors

Finloop announced on 16 October that it had supported a tokenised note allowing subscriptions, redemptions and interest payments in HKDAP. The offering is limited to professional investors.[1]

Finloop Finance Limited provides HKDAP distribution and transaction services. Finloop Finance Technology Services Limited acts as tokenisation agent, while Fosun International Asset Management Limited advises the product issuer. That issuer is unnamed in the release, which also omits the note’s yield, term and underlying portfolio.[1]

The payment asset has its own issuer. Anchorpoint Financial began HKDAP’s initial institutional rollout in August, describing it as a Hong Kong dollar-backed stablecoin. Its distribution model connects authorised intermediaries with institutions, corporate users and professional investors, including conversion between HKDAP and fiat currency.[3]

The HKMA’s current register lists Anchorpoint under stablecoin issuer licence FRS01, effective from 10 April 2026. This is a licence for the issuer under the Stablecoins Ordinance. The register does not identify or approve the Finloop-supported investment note.[2]

Operationally, the structure joins an investment contract with a separate means of payment. Redeeming the note and converting the resulting stablecoins into bank money are different instructions, involving different counterparties and terms. Institutions comparing this workflow with ordinary cash settlement need both processes to fit their liquidity timetable.[3]

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