
Audit Scope and Findings
Digital Asset Clearing Center (DACC) has completed a security audit of the smart-contract code that powers its ChainFusion platform, with New York-based Web3 security firm CertiK conducting the review. The audit, disclosed on 17 August 2026, examined access-control logic, role-based permissions, privileged functions and other security-relevant components.
CertiK documented its findings and recommendations in a final audit report, though the company did not make the full report publicly available at the time of disclosure.
ChainFusion Platform Capabilities
The ChainFusion platform is built to bridge traditional financial infrastructure with public and private blockchain networks. According to DACC, the system incorporates bank-grade hot-cold wallet segregation alongside real-time know-your-transaction and anti-money-laundering transaction screening.
DACC positions itself as a direct regulatory interface for tokenised assets, working in alignment with guidance from Hong Kong's Securities and Futures Commission and the Hong Kong Monetary Authority.
Serra Wei, co-founder and Chairwoman of DACC, said the audit supports the company's work on retail digital asset bonds. "A stronger foundation for tokenised markets starts with security," she said. Yuannan Yang, Director of Security Engineering at CertiK, noted that security considerations must be embedded from the start as tokenised assets move closer to mainstream financial markets.
Significance for Hong Kong Tokenisation
The audit represents a procedural milestone in a market where institutional trust in on-chain settlement infrastructure remains under construction. Smart-contract vulnerabilities have historically served as a primary attack vector in digital-asset markets, and independent review by a credentialled third party offers a level of assurance that internal testing cannot match.
CertiK, established in 2017, reports it has audited infrastructure safeguarding over $600 billion in digital assets and maintains SOC 2 Type II and ISO 27001 certifications.
Hong Kong has taken measured steps to establish itself as a regulated hub for tokenised securities and digital bonds. The HKMA's Project Ensemble and SFC licensing frameworks for virtual asset trading platforms have created clearer regulatory pathways than many competing jurisdictions currently offer. DACC's role as clearing infrastructure aligned with these frameworks places it in a structural position within the ecosystem, though the announcement did not specify the company's formal regulatory licence status or its relationship to existing central clearing infrastructure.
Competitive Positioning
Bond tokenisation is drawing institutional attention across global markets. Platforms operated by established custodians, exchanges and dedicated infrastructure providers are vying for the same institutional mandates in Asia.
DACC's differentiation appears to centre on its integration with the Cross-border Interbank Payment System (CIPS) and e-CNY rails, which would provide a specific advantage for renminbi-denominated or cross-border RMB flows into tokenised real-world assets — a segment with limited direct competition at present.
The company was also named a Gold Winner in the Banking-as-a-Service Innovation category at the Juniper Research Fintech Payments Awards 2026. While industry awards carry limited analytical weight as competitive signals, the category aligns with DACC's positioning as infrastructure rather than a consumer-facing application.
What Comes Next
The immediate milestones to monitor include publication of CertiK's full audit report, any formal regulatory approval or recognition from the SFC or HKMA, and announcements of named institutional participants using the platform for live bond issuance or settlement.
Source
Original coverage by The Fintech Times.
Use the button below to read the article on the publisher website.
Read on The Fintech TimesRelated to this article