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We're pleased to share that The Asian Banker published an in-depth analysis of EVIDENT on Jan 20, 2026, written by Foo Boon Ping. The feature examines how EVIDENT operates as a Hong Kong SFC-licensed digital market infrastructure company building full-stack tokenization platforms for private equity, private debt, and fund structures. The publication highlighted our regulatory approach under Hong Kong's Securities and Futures Ordinance framework and our focus on operational leverage rather than balance-sheet risk, positioning EVIDENT as addressing operational complexity gaps between investor demand for private assets and traditional distribution infrastructure.
The Asian Banker's coverage emphasized our differentiated approach to private market tokenization, with CEO Florian M. Spiegl explaining the strategic rationale behind our full-stack design. As Florian shared with the publication, "Evident is designed for professional and qualified investors, including institutions, family offices and sophisticated private wealth clients." He emphasized that "the platform is not intended for mass retail distribution and operates within clearly defined regulatory boundaries."
The publication detailed how EVIDENT's platform manages the complete lifecycle of tokenized private market instruments, from structuring and issuance through to trading, post-trade processing, and ongoing administration. Florian positioned our company squarely within private markets rather than public cryptoassets, explaining that "tokenisation delivers the most value where assets are complex, illiquid and operationally intensive."
The Asian Banker highlighted our belief that tokenization should address fundamental market structure issues. As Florian explained to the publication, "the firm's approach reflects a belief that tokenisation should solve structural problems in private markets rather than replicate public-market trading models on a blockchain." This strategic focus continues to guide our platform development and market positioning.
The Asian Banker gave significant coverage to our regulatory strategy under Hong Kong's Securities and Futures Commission oversight. CEO Florian provided detailed insight into this strategic choice, sharing with The Asian Banker that "Hong Kong's appeal lay not in general regulatory openness but in the precision of its legal framework for tokenised securities."
Florian specifically referenced Hong Kong's digital securities framework under the Securities and Futures Ordinance, which "sets out the framework for licensing, investor eligibility, custody, governance and permitted activities under the oversight of the Securities and Futures Commission." The Asian Banker noted that Florian had personally reviewed the SFO framework in depth, with our CEO describing "repeated readings to understand how the rules would apply in practice to issuance, trading and post-trade servicing of tokenised private assets."
The publication highlighted how this regulatory clarity influenced our operational design. "The SFO framework reduced interpretive risk," Florian explained to The Asian Banker. "Rather than relying on broad principles or informal guidance, Evident could design its operating model against explicit statutory and regulatory requirements."
The Asian Banker reported that this clarity made Hong Kong more suitable for our full-stack tokenization platform than jurisdictions where regulatory expectations remain fluid. Looking ahead, the publication noted that we are evaluating Dubai as a potential next jurisdiction, with Florian citing "alignment between regulatory ambition, capital availability and institutional interest."
The Asian Banker highlighted China's dual role in our operating model, with CEO Florian explaining how China functions as both an origination engine and demand driver for tokenized private market assets. The publication detailed our strategic positioning to capture opportunities across Chinese business ecosystems.
On the origination side, Florian pointed to "continued deal flow in private equity and private credit, particularly in technology-driven and industrial transformation sectors," noting that these assets often seek capital structures beyond domestic funding channels.
Simultaneously, The Asian Banker reported Florian's observations about growing investor interest linked to China across Asia. "Family offices and private wealth investors are increasingly active, particularly those familiar with Chinese business models and supply chains," he shared with the publication.
As Florian explained to The Asian Banker, "tokenisation helps bridge these two sides by enabling fractionalisation and more flexible distribution structures, allowing assets linked to China to reach a broader base of professional investors." The publication noted that deal size plays a defining factor, with many China-linked transactions sitting between traditional private placements and public issuance, reinforcing the relevance of our digitally enabled distribution model.
The Asian Banker's analysis positioned this dual China role as supporting our measured expansion approach, particularly as family offices and private wealth investors increase their alternative asset allocations in the region.
The publication positioned EVIDENT within the broader private markets digitization landscape, emphasizing our differentiation from typical tokenization platforms. The Asian Banker highlighted Florian's critique of existing market approaches, reporting his observation that "many platforms focus narrowly on issuance or distribution while leaving post-trade processes unresolved."
As Florian explained to The Asian Banker, "inefficiencies frequently surface after issuance, when assets require servicing, reporting, corporate actions and secondary transfers." He noted that without integrated post-trade capabilities, these processes often revert to manual workflows, undermining the efficiency gains promised by tokenization.
The publication emphasized our contrasting approach, with Florian describing how our platform "was designed to manage the full asset lifecycle within a single operating framework." This includes origination and structuring, investor onboarding, execution, post-trade processing, and ongoing administration – capabilities we've built to address the fragmentation we observed in traditional private markets infrastructure.
The Asian Banker noted that this design choice shapes how we scale, with our platform built to support fewer but larger and more complex transactions. As Florian shared with the publication, operational reliability and governance matter more than transaction velocity for the types of private assets we target. This strategic focus continues to guide our platform development and client engagement approach.
This feature in The Asian Banker represents significant industry recognition for our approach to private market tokenization. The publication's coverage validates our regulatory-first strategy in Hong Kong, full-stack platform differentiation in tokenization markets, and strategic positioning in Asian private markets.
We're particularly pleased that The Asian Banker's in-depth analysis positions EVIDENT as a thought leader in regulated tokenization platforms serving institutional and professional investors. Author Foo Boon Ping's comprehensive examination of our measured approach to scaling in complex regulatory environments reflects the strategic choices we've made to build sustainable, compliant infrastructure for private markets.
This recognition from The Asian Banker reinforces our commitment to operational excellence, regulatory clarity, and serving the evolving needs of sophisticated investors in the tokenized securities ecosystem. The coverage highlights the foundational work we've done to establish EVIDENT as a trusted platform for private market digitization in Asia.
Read the full article: "Evident builds full-stack tokenisation platform around origination, liquidity and operating leverage" by Foo Boon Ping - The Asian Banker
