Stablecoins, wealth platforms launched at Consensus 2026 amid tighter Beijing oversight
Organised by CoinDesk, the event is an important gathering for digital finance and cryptocurrency professionals
As Consensus 2026 officially kicks off in Hong Kong this week, digital asset firms are rolling out product updates to coincide with one of the industry’s most significant events.
Digital asset custodian Hex Trust launched Aura on Wednesday, a wealth management platform for private investors that integrates trading, investment and estate planning.
“Aura marks a new evolution for Hex Trust,” said the firm’s CEO and co-founder Alessio Quaglini in a press release. He noted that while Hex Trust had historically built infrastructure for financial institutions, Aura represented the firm’s expansion into the private wealth sector.
Fosun Wealth Holdings, a subsidiary of Chinese conglomerate Fosun International, announced on Tuesday that it was launching a stablecoin, FUSD, on the blockchain platform Avalanche.
Issued via Fosun’s Web3 arm, FinChain, the stablecoin is backed by traditional financial instruments, including money market funds and government bonds. Additionally, FUSD holders are eligible to earn returns on its underlying assets.
Hong Kong is taking steps to bolster its ambition of becoming a global digital asset hub.
