On February 16, 2023, Hong Kong issued tokenized green bonds worth $100 million. On November 28, 2023, the Hong Kong Monetary Authority (HKMA) launched a tokenized bond issuance subsidy scheme covering up to 50% of expenses. The subsidy is capped at HK$2.5 million and is available to companies with a substantial presence in Hong Kong. The program aims to develop digital securities and tokenization in the capital market.
11/29/2024 3:12:50 PM (GMT+1)
Hong Kong issued tokenized green bonds worth $100 million under the Green Program on February 16, 2023, and also started subsidizing tokenized bond issuance 💰
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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