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Stablecoin licence marks AI-Web3 milestone in Hong Kong

HKD Stablecoin License is a major milestone, not just for Animoca Brands and the Hong Kong digital asset ecosystem, but for the whole Asia regional economy

True Global Ventures (TGV), a leading global technology Venture Capital equity fund, proudly congratulates its portfolio company, Animoca Brands, on a landmark regulatory achievement. Anchorpoint Financial Limited, a joint venture established by Standard Chartered Bank Limited, Hong Kong Telecom, and Animoca Brands, has been officially granted a stablecoin issuer licence by the Hong Kong Monetary Authority under the newly enacted Stablecoins Ordinance.

Anchorpoint will issue the HKDAP, a regulated Hong Kong dollar-backed stablecoin, leveraging a business-to-business-to-consumer (B2B2C) model. This powerful new medium of exchange combines Hong Kong’s strict regulatory standards with the speed, efficiency, and transparency of public blockchain technology.

The approval of the HKDAP stablecoin represents much more than an evolution in traditional payments; it marks a critical infrastructure milestone for the intersection of Blockchain and Artificial Intelligence.

As AI technology evolves from simple generative models into autonomous “AI Agents” like OpenClaw, Nvidia’s NemoClaw, etc, which are capable of independently executing complex workflows, these agents require a programmable, instantaneous, and highly secure medium of exchange to natively transact value across the internet.

Dusan Stojanovic, Founding Partner of True Global Ventures, recently emphasised this structural shift in the market, noting that the issuance of regulated stablecoins is the fundamental building block for the rise of Agentic Commerce.

“This HKD Stablecoin License is a major milestone, not just for Animoca Brands and the Hong Kong digital asset ecosystem, but for the whole Asia regional economy. We are rapidly approaching a future where AI agents will operate on our behalf, autonomously negotiating and paying for computing power, digital assets, data queries, and real-world services. Traditional banking rails simply are not built for high-velocity, machine-to-machine transactions,” Dusan Stojanovic said.

“Regulated stablecoins like HKDAP provide the exact secure, programmable, and instantaneous settlement layer that AI Agents need to function seamlessly. We have been looking at this intersection of AI and Web3 since 2018; at that time, it was way too early! Now, we are seeing payment rails between AI Agents with stablecoins,” he added.

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