PANews reported on November 13th that the Hong Kong Monetary Authority (HKMA) announced the launch of Ensemble, officially entering its pilot phase. This milestone marks a significant step forward for Hong Kong in conducting real-world transactions using tokenized deposits and digital assets in a controlled pilot environment. Ensemble will continue operating until 2026, laying a solid foundation for the next phase of innovation. Interbank settlement of tokenized deposit transactions will initially be conducted through the Hong Kong Dollar Real-Time Payments Settlement System (RTGS). The pilot environment will be gradually upgraded and optimized to support 24/7 settlement of tokenized central bank currency, promoting the continued development of a broader tokenized ecosystem in Hong Kong.