Blockchain and Crypto-Assets 2026

HONG KONG SAR, CHINA Trends and Developments Contributed by: Pang Lee, Joyce Wang, Mark Liang and Francis Li, Cooley

Mark Liang is an associate of Cooley HK. His practice includes areas of corporate, partnership and securities law, with a focus on investment funds and asset management. Mark advises on the structuring, formation and

Francis Li is a legal assistant at Cooley. He regularly advises private fund sponsors on the formation, structuring and operation of investment vehicles, and counsels institutional investors on their investment activities. Drawing on his experience in law and technology, Francis is dedicated to constructing the strategic legal frameworks that fuel the innovation ecosystem. He supports emerging growth companies in the fintech, blockchain and payments sectors in corporate structuring, regulatory compliance and strategic matters. Prior to joining Cooley, he gained extensive experience across the full corporate life cycle at leading international law firms and financial institutions.

operation of private funds, as well as on fund-related primary and secondary transactions, co-investments and regulatory compliance matters. He also has extensive experience representing institutional investors in connection with their global investments in private funds. Mark regularly counsels on blockchain-related fund structures, including vehicles investing in digital assets, tokenised securities and Web3 technologies, with attention to evolving regulatory frameworks and investor considerations.

Cooley 35th Floor Two Exchange Square 8 Connaught Place Central Hong Kong

Tel: +852 3758 1200 Fax: +852 3014 7818 Email: cooleyasiamarketing@cooley.com Web: www.cooley.com

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