The Solana Company plans to expand its Hong Kong operation and potentially build a 30-person local team to advise banks and develop tokenization infrastructure. The Nasdaq-listed digital asset treasury firm, which holds 2.2 million SOL valued at nearly $197 million, has designated Hong Kong as its Asia-Pacific base as institutions explore real-world asset tokenization. Chairman and CEO Joseph Chee described the Asia-Pacific region as Solana's biggest opportunity, while saying the United States is moving faster on tokenization. Hong Kong regulators have approved 17 tokenized retail products with $1.3 billion in assets under management, up more than a third from last year. The company will assess local demand over six months before expanding its headcount. The Hong Kong Government's Office for Attracting Strategic Enterprises designated the company a strategic enterprise in its seventh batch. Separately, the Hong Kong Monetary Authority approved HSBC and Anchorpoint to launch Hong Kong dollar stablecoins, with Anchorpoint planning native issuance and redemption on the Solana blockchain.