AIIB explores digital payments, eyes Hong Kong hub as it raises record funds
The Asian Infrastructure Investment Bank (AIIB) is setting its sights on tokenised payments and digital settlement systems, tapping into Hong Kong’s growing digital finance ecosystem as part of a broader push to modernise its capital market operations, according to a senior official at the bank. “That is a sector that we are exploring with interest,” Domenico Nardelli, the AIIB’s treasurer and…
The Asian Infrastructure Investment Bank (AIIB) is exploring digital payments and digital settlement systems as part of a broader effort to modernize its capital market operations, according to a senior bank official. Domenico Nardelli, the AIIB's treasurer and acting chief financial officer, expressed interest in tokenized payments and related emerging financial technologies during an interview with the South China Morning Post.
The AIIB, headquartered in Beijing, aims to raise a record US$11 billion in funds this year, up from US$10 billion each of the past two years. Concurrent with this fundraising drive, the bank plans to open a hub in Hong Kong before the year's end, marking its second office outside mainland China after establishing an Abu Dhabi hub two years ago.
This strategic move is intended to place the bank at the heart of Asia's rapidly evolving digital asset market, facilitating closer connections with regional clients and global liquidity sources.
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