HashKey CEO Dr. Xiao Feng Highlights Blockchain’s Potential for Peer-to-Peer Trading and Hong Kong’s Financial Future

Dr. Xiao Feng, Chairman and CEO of HashKey Group (3887.HK), has emphasized the growing synergy between blockchain technology and peer-to-peer (P2P) trading, particularly for real-world asset (RWA) transactions. He too believes Hong Kong is strategically positioned to potentially surpass London as the world’s second-largest financial center.

Blockchain and the Future of OTC Trading

Speaking at the 2026 Crypto Finance Forum held at the University of Hong Kong on February 12, Dr. Xiao Feng noted that many RWAs are not well-suited for the continuous auction matching systems of traditional exchanges. Instead, they align more effectively with non-continuous, over-the-counter (OTC) trading structures . He suggested that blockchain’s distributed ledger technology could facilitate the reconstruction of on-chain OTC markets in the future .

Hong Kong’s Ascendance as a Financial Hub

Dr. Xiao Feng also shared insights on Hong Kong’s evolving digital asset policy landscape at the CryptoFi Forum 2026 . He believes that Hong Kong can leverage its institutional strengths and the growing RWA sector to potentially challenge London’s position as the world’s second-largest financial center .

Crypto Finance Forum 2026 Participants

The CryptoFi Forum 2026, organized by WLFI, Bakkt, HKU School of Management Executive Education, and ME Group, brought together key industry leaders including Zak Folkman, Chase Herro, and Ryan Fang from WLFI; Nicholas Baes, COO of Bakkt; Professor Wang Yang, Vice-Chancellor (University Extension) and Chair Professor at the University of Hong Kong; Jack Kong, Director of Hong Kong Cyberport and CEO of Nano Labs; and Ms. Jessica Yang, CEO of ME Group .

The forum focused on the current state of the crypto industry, institutional practices in traditional finance, and cutting-edge on-chain applications .