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True Global Ventures: Hong Kong's Stablecoin License Breakthrough with Animoca Brands Opens the Door to the AI Agent Economy
- Anchorpoint Financial Limited, a joint venture including Standard Chartered Bank Hong Kong, Hong Kong Telecom, and Animoca Brands, was granted a stablecoin issuer license by the Hong Kong Monetary Authority in April 2026, selected from 36 applicants.
- Anchorpoint will issue HKDAP, a Hong Kong dollar-backed stablecoin, under the new Stablecoins Ordinance using a B2B2C business model and blockchain technology.
- The HKDAP stablecoin aims to improve financial markets by enhancing payment efficiency, facilitating cross-border transactions, and creating new monetization opportunities under strict regulatory standards.
- True Global Ventures congratulated Animoca Brands on this regulatory achievement and highlighted its strategy of investing in AI-first companies with a global presence including Hong Kong and California.
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True Global Ventures: Hong Kong's Stablecoin License Breakthrough with Animoca Brands Opens the Door to the AI Agent Economy
Animoca Brand's joint venture entity Anchorpoint Financial Limited is 1 out of only 2 entities which was granted a stablecoin license from 36 applicants in April 2026.
Coverage Details
Total News Sources34
Leaning Left2Leaning Right5Center11Last UpdatedBias Distribution61% Center
Bias Distribution
- 61% of the sources are Center
61% Center
11%
C 61%
R 28%
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