HKMA to Issue Third Batch of Tokenized Bonds and Set Up Task Force with Securities Supervision Commission to Develop Roadmap
The Hong Kong Monetary Authority announced that it will issue the third batch of tokenized bonds and continue to encourage the issuance of digital securities through the "Digital Bond Funding Scheme", while actively exploring the tokenization of existing traditional bonds. In addition, the Hong Kong government revealed that the Hong Kong Securities Supervision Commission and the HKMA have established a task force to formulate a roadmap for the development of primary and secondary bond and money markets, and explore optimization measures to promote the adoption of tokenization technology in the Hong Kong bond market.