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Ripple Labs and Hong Kong’s Fubon Bank Team to Offer Property Equity Access to Locals
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Ripple Labs is working on a pilot program with Hong Kong’s Fubon Bank to offer property equity access to residents.
The developer of the XRP cryptocurrency revealed that the collaboration is a part of the e-HKD pilot project. Ripple and Fubon Bank were selected to demonstrate a use case for the settlement of tokenized assets, it added.
This is a very proud moment for the Ripple #CBDC team & our partners. We've worked together on a proof of concept for hypothetical e-HKD Pilot Programme for #HKMA to help realize home equity.
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